Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA)
Published . Updated .
This report is about oil and tanker shipping. Names like FRO and TNK typically gain because frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+9.3% 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.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- FRO Frontline+10.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- TNK Teekay Tankers
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- INSW International Seaways+3.4% 10d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+10.9% 15d
ExxonMobil Holdings (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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| XLE | -0.51% | -2.20% | base | after close | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -2.94% | -2.39% | base | after close | after close | after close | after close |
| TNK | +0.20% | -1.49% | base | after close | after close | after close | after close |
| DHT | -1.70% | -2.24% | base | after close | after close | after close | after close |
| INSW | +1.66% | -0.13% | base | after close | after close | after close | after close |
| XOM | -1.45% | -2.77% | 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.
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Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA) Seeking Alpha
Source: Seeking Alpha
How United States Oil Fund (USO) moved after the last 16 energy shocks
United States Oil Fund (USO) the next day, across 16 earlier stories: average +4.18%, largest gain +6.10%, largest drop +2.68%, from 16 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +4.18% | +6.10% | +2.68% | 16 |
| United States Oil Fund (USO) | three days later | +2.58% | +5.08% | +2.22% | 16 |
| Select Sector Spdr Tr (XLE) | the next day | +2.12% | +2.88% | -0.95% | 16 |
| Select Sector Spdr Tr (XLE) | three days later | +0.79% | +1.30% | +0.18% | 16 |
| Frontline (FRO) | the next day | +4.56% | +7.75% | -10.98% | 16 |
| Frontline (FRO) | three days later | +5.86% | +9.23% | -14.06% | 16 |
- Oil prices increase as 7 tankers reported damaged in Hormuz
- Iran says 7 tankers were damaged in the Strait of Hormuz, and other Mideast news
- Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report
- Iran Says Seven Oil Tankers Burn Or Are Damaged In Strait Of Hormuz: 6 outlets compared
- Oil Prices Surge to Highest Level Since May as Houthi Attacks, Hormuz Threats Fuel Supply Fears
- Oil Prices Rise as Traders Weigh Saudi Aramco Attack Report, Hormuz Shipping Risks
United States Oil Fund (USO) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | three days earlier | -2.24% | final price |
| DHT Holdings (DHT) | five days earlier | -1.70% | final price |
| Frontline (FRO) | three days earlier | -2.39% | final price |
| Frontline (FRO) | five days earlier | -2.94% | final price |
| International Seaways (INSW) | three days earlier | -0.13% | final price |
| International Seaways (INSW) | five days earlier | +1.66% | final price |
| Teekay Tankers (TNK) | three days earlier | -1.49% | final price |
| Teekay Tankers (TNK) | five days earlier | +0.20% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.20% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -0.51% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -2.77% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.45% | final price |
Congressional stock trades in United States Oil Fund (USO)
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 17 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 61 days before publication. Filed 25 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).
Strait of Hormuz, seven days against thirty
Geopolitics Alpha has 141 stories about Strait of Hormuz from the past 7 days and 394 stories from the past 30. That is faster than its usual pace over the past month. “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA)” is tagged to Strait of Hormuz.
United States Oil Fund (USO) on one side of this energy story
Likely winners
- FRO Frontline
In “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- TNK Teekay Tankers
In “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” Teekay Tankers (TNK) tends to benefit, medium confidence. Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- DHT DHT Holdings
For “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” DHT Holdings (DHT) tends to benefit, medium confidence. Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- INSW International Seaways
International Seaways (INSW) tends to benefit, medium confidence in the 31 Oct 2026 story “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA).” Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
No up or down call on file
- USO United States Oil Fund
In “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” 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 “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” 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
For “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” 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 “tanker” (tanker shipping) in this story
- XOM ExxonMobil Holdings
In “Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA),” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
How a Strait of Hormuz shock reaches United States Oil Fund (USO)
“Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA)” (31 Oct 2026) reaches United States Oil Fund (USO) through Strait of Hormuz.
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
The price range for United States Oil Fund (USO), and the dates in the story
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 169.96 across 20 sessions. The latest close on file is 168.21. XLE traded between 61.91 and 69.86 across 20 sessions. The latest close on file is 68.72.
A simple score for United States Oil Fund (USO)
46 out of 100
“Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz (USO:NYSEARCA)” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.