7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say
Published . Updated .
This report is about oil and container shipping. Names like ZIM and MATX typically gain because zIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story.
- KSA iShares MSCI Saudi Arabia ETF-7.6% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.
- GSL Global Ship Lease-7.2% 30d
Global Ship Lease (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| KSANo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | +4.03% | +4.49% | base | after close | after close | after close | after close |
| MATX | +2.55% | +2.06% | base | after close | after close | after close | after close |
| DAC | +0.47% | +0.95% | base | after close | after close | after close | after close |
| GSL | +0.62% | +1.05% | 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.
Market Call
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7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say The Times of Israel
Source: The Times of Israel
What happened to United States Oil Fund (USO) the last 15 times Red Sea was in the news
Those 15 earlier stories put United States Oil Fund (USO) at an average move of -3.18% the next day. Largest gain -2.57%, largest drop -3.49%, from 3 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -3.18% | -2.57% | -3.49% | 3 |
| Select Sector Spdr Tr (XLE) | the next day | -1.51% | -1.51% | -1.51% | 11 |
| Select Sector Spdr Tr (XLE) | three days later | -0.87% | -0.87% | -0.87% | 10 |
- Oil Prices Hit Six-Month Highs Amid Houthi Attacks in Saudi Arabia - Phillips 66 (NYSE:PSX), Baker Hughes
- Oil jumps over US$3 a barrel on October 23 after Houthi attacks
- Oil Prices Jump $3 on Houthi Attacks, Oil Spill, Highest Settlement Since April
- Saudi Arabia Announces Destruction of Ballistic Missile , Drone Launched by the Houthis
- Houthis Claim Strikes on Rabigh Refinery and East-West Pipeline
- Houthis Claim Strike on Aramco in Yanbu as Coalition Intercepts 2 Missiles
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Danaos (DAC) | three days earlier | +0.95% | final price |
| Danaos (DAC) | five days earlier | +0.47% | final price |
| Global Ship Lease (GSL) | three days earlier | +1.05% | final price |
| Global Ship Lease (GSL) | five days earlier | +0.62% | final price |
| Matson (MATX) | three days earlier | +2.06% | final price |
| Matson (MATX) | five days earlier | +2.55% | final price |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | +4.49% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | +4.03% | final price |
Red Sea on the map for this story
Geopolitics Alpha has 58 stories about Red Sea from the past 7 days and 214 stories from the past 30. That is about its usual pace over the past month. “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say” is tagged to Red Sea.
Who gains and who loses around United States Oil Fund (USO)
The side that tends to collect
- ZIM ZIM Integrated Shipping Services
For “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” ZIM Integrated Shipping Services (ZIM) tends to benefit, medium confidence. Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story
- MATX Matson
For “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” Matson (MATX) tends to benefit, medium confidence. Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story
- DAC Danaos
For “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” Danaos (DAC) tends to benefit, medium confidence. Reason on file: Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story
- GSL Global Ship Lease
In “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” Global Ship Lease (GSL) tends to benefit, medium confidence. Reason on file: Global Ship Lease (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “port” (container shipping) in this story
No up or down call on file
- USO United States Oil Fund
For “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” 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 “oil” (oil) in this story
- XLE Select Sector Spdr Tr
For “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” 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 “oil” (oil) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say.” Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “port” (container shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
In “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)
What Red Sea means for United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say,” the 2 Nov 2026 Red Sea story.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (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 “oil” (oil) in this story
Price levels for United States Oil Fund (USO)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.