Geopolitics Alpha

Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina

Published . Updated .

Key takeaways

  • Saudi Arabia’s 1,200-kilometer East-West oil pipeline came under attack in the Medina region, causing a small fire that was later brought under control, Reuters reported citing state media.
  • Exposed: USO, XLE, AMLP, BWET, KSA
  • Market reaction: price tracking starts with the next trading session.

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Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina

Saudi Arabia’s 1,200-kilometer East-West oil pipeline came under attack in the Medina region, causing a small fire that was later brought under control, Reuters reported citing state media.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • AMLP Alerian MLP ETF-1.7% 30d

    Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-8.2% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+3.0% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • COP ConocoPhillips+5.4% 19d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+10.89%+3.88%baseafter closeafter closeafter closeafter close
XLE+7.65%-0.44%baseafter closeafter closeafter closeafter close
AMLPNo price data for this ticker———————
BWET+44.12%+15.72%baseafter closeafter closeafter closeafter close
KSA-3.19%-1.41%baseafter closeafter closeafter closeafter close
XOM+7.73%+0.33%baseafter closeafter closeafter closeafter close
CVX+6.86%+1.02%baseafter closeafter closeafter closeafter close
COP+7.34%+0.71%baseafter closeafter closeafter closeafter 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.

Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina Egypt Oil & Gas

Source: Egypt Oil & Gas

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+15.72%final price
Amplify Commodity Trust (BWET)five days earlier+44.12%final price
Conocophillips (COP)three days earlier+0.71%final price
Conocophillips (COP)five days earlier+7.34%final price
Chevron (CVX)three days earlier+1.02%final price
Chevron (CVX)five days earlier+6.86%final price
Ishares Msci Saudi Arabia Etf (KSA)three days earlier-1.41%final price
Ishares Msci Saudi Arabia Etf (KSA)five days earlier-3.19%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
Select Sector Spdr Tr (XLE)three days earlier-0.44%final price
Select Sector Spdr Tr (XLE)five days earlier+7.65%final price
ExxonMobil Holdings (XOM)three days earlier+0.33%final price
ExxonMobil Holdings (XOM)five days earlier+7.73%final price

Trades by members of Congress and officials in the stocks in this story

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).

Who collects and who pays in energy

Companies that tend to gain

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 10 Nov 2026 story “Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    For “Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina,” 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

    In “Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina,” 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

  • AMLP Alps Etf Tr

    Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina.” Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story

  • BWET Amplify Commodity Trust

    For “Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina,” 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 “oil” (tanker shipping) in this story

United States Oil Fund (USO) and the energy link

United States Oil Fund (USO) is the company in “Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina,” the 10 Nov 2026 Energy 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

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

What this energy story puts on the calendar

AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. 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.

How strong the case is around United States Oil Fund (USO)

46 out of 100

“Attack Targets Saudi Arabia’s East-West Oil Pipeline in Medina” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.