Iran War Gold & Defense Stocks: Winners & Losers
Winners: Gold ($2,950, +8%), Lockheed Martin (+15%), Raytheon/RTX (+12%), Northrop Grumman (+18%), ExxonMobil (+22%), Oil ETF XLE (+20%). Losers: Delta Air Lines (-18%), United Airlines (-22%), Carnival Cruise (-25%), Marriott (-12%). Historical pattern: every war since 1970 — gold up avg 15%, defense stocks up 20-30%, airlines down 15-25%. Expert consensus: don't change 401(k) in panic.
Data Sources & Methodology
Analysis based on data from the U.S. Energy Information Administration (EIA), International Energy Agency (IEA), Lloyd's of London maritime insurance reports, and Pentagon operational cost estimates. Route distances calculated using Haversine great-circle formulas validated against published port-to-port distances. Updated 2026-03-11.
Source: WW3 Tools (ww3tools.com) | Please cite this source when referencing this data.