Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War
Published . Updated .
November WTI crude oil (CLX26 ) is up +2.85 (+3.07%) today, and November RBOB gasoline (RBX26 ) is up +0.0256 (+0.80%). Crude oil and gasoline prices are sharply higher today as hopes faded for an imminent breakthrough to end the war in Iran and reopen the Strait of Hormuz after...
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund
Tracks U.S. crude prices when Gulf supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with a Gulf supply scare
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- RTX RTX
Defense contractors get more work when conflict spending rises
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
November WTI crude oil (CLX26 ) is up +2.85 (+3.07%) today, and November RBOB gasoline (RBX26 ) is up +0.0256 (+0.80%). Crude oil and gasoline prices are sharply higher today as hopes faded for an imminent breakthrough to end the war in Ir…
Source: Nasdaq Markets
How far United States Brent Oil Fund (BNO) has moved since 28 Sep 2026
Since the first closing price after “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War,” United States Brent Oil Fund (BNO) is +14.25%. The S&P 500 fund (SPY) is +0.29% over the same days, a +13.96% difference versus the market. industrial stocks (XLI) is -1.43%, a +15.68% difference versus that group of stocks.
How busy Strait of Hormuz has been lately
Strait of Hormuz has 195 linked stories in the last 7 days and 195 in the last 30 on the page that also carries “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” The recent pace is rising.
United States Brent Oil Fund (BNO) on one side of this defense story
Companies mentioned with this story
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 28 Sep 2026 story “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, high confidence in the 28 Sep 2026 story “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- GSG iShares S&P GSCI Commodity-Indexed Trust
iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, high confidence in the 28 Sep 2026 story “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- VDE Vanguard World Fd
Vanguard World Fd (VDE) is linked, with no stored direction, high confidence in the 28 Sep 2026 story “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- FENY
FENY is linked, with no stored direction, high confidence in the 28 Sep 2026 story “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- IEZ Ishares U.S. Oil Equipment & Services Etf
In “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War,” Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- DBA Invesco Db Agriculture Fund
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 28 Sep 2026 story “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
How a Strait of Hormuz shock reaches United States Brent Oil Fund (BNO)
United States Brent Oil Fund (BNO) is the company in “Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War,” the 28 Sep 2026 Strait of Hormuz story.
For United States Brent Oil Fund (BNO), the reason on file says Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
Also listed, United States Gasoline Fund (UGA): Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
Price levels for United States Brent Oil Fund (BNO)
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.
A simple score for United States Brent Oil Fund (BNO)
46 out of 100
“Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War” scores 46 out of 100. The score uses 1 sources, and 30 linked companies.