U.S. Secretary Of State Blinken Says U.S. Has And Will Continue To Respond Attacks By Iranian Proxies
Portfolio Pulse from Benzinga Newsdesk
U.S. Secretary of State, Blinken, has stated that the U.S. has and will continue to respond to attacks by Iranian proxies. This could potentially impact the geopolitical landscape and affect related ETFs.

November 03, 2023 | 1:36 pm
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NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be affected by the ongoing geopolitical tensions between the U.S. and Iran.
Given Israel's proximity and political relations with Iran, any escalation in tensions between the U.S. and Iran could potentially impact the Israeli market and, by extension, the EIS ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could see some volatility due to the geopolitical tensions between the U.S. and Iran.
As a broad representation of the U.S. stock market, the SPY ETF could be affected by any major geopolitical events, including tensions between the U.S. and Iran.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The United States Oil Fund (USO) could be impacted by the geopolitical tensions between the U.S. and Iran.
Iran is a major player in the global oil market. Any geopolitical tensions involving Iran could potentially disrupt the oil market and impact the USO ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80