Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz
Published . Updated .
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This report is about natural gas and oil.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “gas” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “gas” (tanker shipping) in this story.
- LNG Cheniere Energy+3.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.
- EQT Eqt-5.9% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.
- KMI Kinder Morgan
Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.
- WMB The Williams Companies
The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNG | -9.43% | -8.04% | base | after close | after close | after close | after close |
| XLE | +7.65% | -0.44% | base | after close | after close | after close | after close |
| USO | +10.89% | +3.88% | base | after close | after close | after close | after close |
| BWET | +44.12% | +15.72% | base | after close | after close | after close | after close |
| LNG | +9.18% | -1.92% | base | after close | after close | after close | after close |
| EQT | +8.66% | +1.40% | base | after close | after close | after close | after close |
| KMI | +7.55% | -1.24% | base | after close | after close | after close | after close |
| WMB | +9.06% | -3.34% | 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.
Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz WSJ
Source: The Wall Street Journal
How United States Natural Gas Fund (UNG) moved after the last 18 shipping shocks
United States Natural Gas Fund (UNG) the next day, across 18 earlier stories: average +0.44%, largest gain +0.44%, largest drop +0.44%, from 3 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Natural Gas Fund (UNG) | the next day | +0.44% | +0.44% | +0.44% | 3 |
| United States Natural Gas Fund (UNG) | three days later | +1.98% | +1.98% | +1.98% | 3 |
| Select Sector Spdr Tr (XLE) | the next day | -4.31% | -1.51% | -4.71% | 8 |
| Select Sector Spdr Tr (XLE) | three days later | -10.04% | -0.87% | -11.35% | 8 |
| United States Oil Fund (USO) | the next day | -6.16% | -3.69% | -6.32% | 16 |
| United States Oil Fund (USO) | three days later | -11.57% | -1.37% | -12.25% | 16 |
| Amplify Commodity Trust (BWET) | the next day | -10.37% | -10.37% | -10.37% | 17 |
| Amplify Commodity Trust (BWET) | three days later | -28.03% | -28.03% | -28.03% | 17 |
- Iran's IRGC: 2 'violating' oil tankers exploded after hitting mines in Hormuz
- Oil slips as Iran says Qatar-brokered plan could reopen Hormuz in two days
- Two oil tankers explode after hitting mine in Hormuz Strait, IRGC spokesperson says
- Pakistan LNG Cargo Attacked Near Hormuz Had Iranian Approval
- Oil Falls Ahead of U.S. Midterms Despite Hormuz Tensions on Hopes for Diplomatic Solution
- Shafaq News..IRGC Navy: Two oil tankers explode in Hormuz
How far United States Natural Gas Fund (UNG) has moved since 10 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +15.72% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +44.12% | final price |
| Eqt (EQT) | three days earlier | +1.40% | final price |
| Eqt (EQT) | five days earlier | +8.66% | final price |
| Kinder Morgan (KMI) | three days earlier | -1.24% | final price |
| Kinder Morgan (KMI) | five days earlier | +7.55% | final price |
| Cheniere Energy (LNG) | three days earlier | -1.92% | final price |
| Cheniere Energy (LNG) | five days earlier | +9.18% | final price |
| United States Natural Gas Fund (UNG) | three days earlier | -8.04% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -9.43% | final price |
| United States Oil Fund (USO) | three days earlier | +3.88% | final price |
| United States Oil Fund (USO) | five days earlier | +10.89% | final price |
| Williams Companies (WMB) | three days earlier | -3.34% | final price |
| Williams Companies (WMB) | five days earlier | +9.06% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.44% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +7.65% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 75 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 85 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 88 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 63 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 82 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 83 days before publication. Filed 17 Sep 2026. View the filing.
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).
Where this story sits: Strait of Hormuz
Geopolitics Alpha has 178 stories about Strait of Hormuz from the past 7 days and 660 stories from the past 30. That is about its usual pace over the past month. “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz” is tagged to Strait of Hormuz.
Who collects and who pays in shipping
Companies mentioned with this story
- UNG United States Natural Gas Fund
For “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story
- XLE Select Sector Spdr Tr
In “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story
- USO United States Oil Fund
For “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” 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 “gas” (oil) in this story
- BWET Amplify Commodity Trust
For “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “gas” (tanker shipping) in this story
- LNG Cheniere Energy
Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz.” Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story
- EQT Eqt
In “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story
- KMI Kinder Morgan
In “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story
- WMB Williams Companies
In “Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas” (natural gas) in this story
How a Strait of Hormuz shock reaches United States Natural Gas Fund (UNG)
“Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz” (10 Nov 2026) reaches United States Natural Gas Fund (UNG) through Strait of Hormuz.
United States Natural Gas Fund (UNG) is on the page because United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas” (natural gas) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas” (natural gas) in this story
Dates in the story, and the United States Natural Gas Fund (UNG) price range
UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
What the saved facts support for United States Natural Gas Fund (UNG)
46 out of 100
“Adnoc Gas Still Evaluating Options to Bypass Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.