Geopolitics Alpha

Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened

Published . Updated .

Key takeaways

  • School in Komyshuvakha in the Zaporizhzhia region was struck on Monday
  • Exposed: USO, XLE, ITA, UNG, VGK
  • Market reaction: XLE −5.6% on the day (still updating); USO −4.8% on the day (still updating); LMT −6.4% on the day (still updating)

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Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened

School in Komyshuvakha in the Zaporizhzhia region was struck on Monday

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+6.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “russian” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “russian” (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 “russian” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “russian” (tanker shipping) in this story.

  • XOM ExxonMobil Holdings+2.0% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.

  • CVX Chevron+9.6% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.

  • COP ConocoPhillips+11.6% 30d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.

  • LNG Cheniere Energy+13.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “russian” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.38%+6.75%base-4.77%after closeafter closeafter close
XLE+2.64%+4.95%base-5.59%after closeafter closeafter close
UNG+4.28%-0.44%base+1.04%after closeafter closeafter close
BWET+7.18%+11.56%base-13.73%after closeafter closeafter close
XOM+2.57%+5.49%base-4.87%after closeafter closeafter close
CVX+1.76%+4.58%base-4.10%after closeafter closeafter close
COP+3.21%+6.66%base-5.90%after closeafter closeafter close
LNG-4.34%+6.17%base-5.86%after closeafter closeafter 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.

School in Komyshuvakha in the Zaporizhzhia region was struck on Monday Meanwhile, the Kremlin said that ⁠it ​hopes that the ⁠results of the US ⁠midterm ​elections ‌will not impact ‌what it ‌said were president Donald Trump’s “peacemaking e…

Source: The Guardian

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
BWETthat day-13.73%still updating
BWETthree days earlier+11.56%final price
BWETfive days earlier+7.18%final price
COPthat day-5.90%still updating
COPthree days earlier+6.66%final price
COPfive days earlier+3.21%final price
CVXthat day-4.10%still updating
CVXthree days earlier+4.58%final price
CVXfive days earlier+1.76%final price
LNGthat day-5.86%still updating
LNGthree days earlier+6.17%final price
LNGfive days earlier-4.34%final price
United States Natural Gas Fund (UNG)that day+1.04%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-4.77%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
Select Sector Spdr Tr (XLE)that day-5.59%still updating
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%final price
XOMthat day-4.87%still updating
XOMthree days earlier+5.49%final price
XOMfive days earlier+2.57%final price

Trades by members of Congress and officials in the stocks in this story

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 United States Oil Fund (USO)

Likely winners

  • LMT Lockheed Martin

    For “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened,” Lockheed Martin (LMT) tends to benefit, medium confidence. Reason on file: Lockheed Martin (guided missiles and space vehicles and parts): defense contractors gain when military spending rises. Linked by “nato” (defense) in this story

  • RTX Rtx

    For “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened,” Rtx (RTX) tends to benefit, medium confidence. Reason on file: Rtx (aircraft engines and engine parts): defense contractors gain when military spending rises. Linked by “nato” (defense) in this story

  • NOC Northrop Grumman

    Northrop Grumman (NOC) tends to benefit, medium confidence in the 4 Nov 2026 story “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened.” Reason on file: Northrop Grumman (search, detection, navigation, guidance, aeronautical sys): defense contractors gain when military spending rises. Linked by “nato” (defense) in this story

No up or down call on file

  • USO United States Oil Fund

    In “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened,” 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 “russian” (oil) in this story

  • XLE Select Sector Spdr Tr

    For “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “russian” (oil) in this story

  • ITA IShares U.S. Aerospace & Defense ETF

    In “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “nato” (defense) in this story

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russian” (natural gas) in this story

United States Oil Fund (USO) and the defense link

“Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened” (4 Nov 2026) reaches United States Oil Fund (USO) through Defense.

For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “russian” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “russian” (oil) in this story

Price levels for United States Oil Fund (USO)

ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

The defense score for United States Oil Fund (USO)

46 out of 100Price not final

“Zelenskyy says 40 now confirmed dead after ‘insane’ Russian attack on school – as it happened” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.