Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?
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Zhejiang Chouzhou Commercial Bank as Part of the Financial Infrastructure for Sanctions Evasion and an Indicator of the Limits of U.S. Economic Pressure The Wall Street Journal investigation into the…
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-1.6% 30d
Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-3.0% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- UNG United States Natural Gas Fund-16.0% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.
- FXI iShares China Large-Cap ETF-5.1% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- WFC Wells Fargo+4.4% 30d
Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -1.85% | -1.14% | base | +1.53% | after close | after close | after close |
| KRE | -1.00% | -1.14% | base | after close | after close | after close | after close |
| USO | +5.38% | +6.75% | base | -2.52% | after close | after close | after close |
| UNG | +4.28% | -0.44% | base | -0.22% | after close | after close | after close |
| FXI | -2.21% | -0.21% | base | after close | after close | after close | after close |
| BAC | +2.47% | +0.71% | base | +3.27% | after close | after close | after close |
| JPM | +0.41% | -0.26% | base | +2.78% | after close | after close | after close |
| WFC | -2.11% | -2.46% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions? Robert Lansing Institute
Source: Robert Lansing Institute
Price since this story was published: Select Sector Spdr Tr (XLF)
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | that day | +3.27% | still updating |
| Bank Of America (BAC) | three days earlier | +0.71% | final price |
| Bank Of America (BAC) | five days earlier | +2.47% | final price |
| Ishares China Large-Cap Etf (FXI) | three days earlier | -0.21% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -2.21% | final price |
| Jpmorgan Chase (JPM) | that day | +2.78% | still updating |
| Jpmorgan Chase (JPM) | three days earlier | -0.26% | final price |
| Jpmorgan Chase (JPM) | five days earlier | +0.41% | final price |
| Spdr Series Trust (KRE) | three days earlier | -1.14% | final price |
| Spdr Series Trust (KRE) | five days earlier | -1.00% | final price |
| United States Natural Gas Fund (UNG) | that day | -0.22% | still updating |
| United States Natural Gas Fund (UNG) | three days earlier | -0.44% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | +4.28% | final price |
| United States Oil Fund (USO) | that day | -2.52% | still updating |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +5.38% | final price |
| Wells Fargo (WFC) | three days earlier | -2.46% | final price |
| Wells Fargo (WFC) | five days earlier | -2.11% | final price |
| Select Sector Spdr Tr (XLF) | that day | +1.53% | still updating |
| Select Sector Spdr Tr (XLF) | three days earlier | -1.14% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | -1.85% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 72 days before publication. Filed 16 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 61 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 61 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 69 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $15,001 - $50,000 on 17 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $1,001 - $15,000 on 15 Sep 2026. That is 50 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLF)
Companies tied to this story
- XLF Select Sector Spdr Tr
For “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
- KRE Spdr Series Trust
In “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
- USO United States Oil Fund
For “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
- UNG United States Natural Gas Fund
In “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story
- FXI Ishares China Large-Cap Etf
In “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”)
- BAC Bank Of America
In “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- JPM Jpmorgan Chase
For “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- WFC Wells Fargo
In “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” Wells Fargo (WFC) is linked, with no stored direction, medium confidence. Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
Select Sector Spdr Tr (XLF)
Select Sector Spdr Tr (XLF) is the company in “Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?,” the 4 Nov 2026 this story story.
Select Sector Spdr Tr (XLF) is on the page because Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
A second company, Spdr Series Trust (KRE), is listed for a different reason: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
The price range for Select Sector Spdr Tr (XLF), and the dates in the story
KRE traded between 67.80 and 71.93 across 20 sessions. The latest close on file is 70.61. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.
What the saved facts support for Select Sector Spdr Tr (XLF)
46 out of 100Price not final
“Why Does the United States Not Block the Chinese Bank Helping Russia and Iran Evade Sanctions?” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.