🔴 Natural Resources ETF (ICOP) is trading 3.45% down today amid renewed U.S.-Iran fighting and inflation fears

ICOP is trading at $56.32, down 3.45% on September 1, 2026, primarily amid broad risk aversion following renewed U.S.-Iran fighting.

• Oil rose above $91, intensifying inflation and supply-disruption concerns.
• A global bond selloff, with Japan’s 10-year yield reaching 3%, and declines in major U.S. indices heightened rate and fiscal-risk concerns.
• ICOP extended its decline from $58.33 on August 31 as these pressures outweighed the potential benefit from higher energy prices for its natural-resources exposure.