Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz
Published . Updated .
November WTI crude oil (CLX26 ) is down -0.58 (-0.61%) today, and November RBOB gasoline (RBX26 ) is down -0.0826 (-2.48%). Crude oil and gasoline prices are sliding today in hopes that negotiations between the US and Iran will lead to a deal to reopen the Strait of Hormuz. Weakness...
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
- CVX Chevron
Oil producers earn more when crude prices rise
- 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 down -0.58 (-0.61%) today, and November RBOB gasoline (RBX26 ) is down -0.0826 (-2.48%). Crude oil and gasoline prices are sliding today in hopes that negotiations between the US and Iran will lead to a d…
Source: Nasdaq Markets
The price since 25 Sep 2026: United States Brent Oil Fund (BNO) versus the S&P 500
Since the first closing price after “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” United States Brent Oil Fund (BNO) is +11.30%. The S&P 500 fund (SPY) is +0.15% over the same days, a +11.16% difference versus the market. energy stocks (XLE) is +9.14%, a +2.16% difference versus that group of stocks.
Strait of Hormuz on the map for this story
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 Slip in Hopes of Diplomacy Reopening the Strait of Hormuz.” The recent pace is rising.
United States Brent Oil Fund (BNO) on one side of this energy story
Companies carried with this story
- BNO United States Brent Oil Fund
For “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” United States Brent Oil Fund (BNO) 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
- UGA United States Gasoline Fund
For “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” United States Gasoline Fund (UGA) 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
- GSG iShares S&P GSCI Commodity-Indexed Trust
In “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” iShares S&P GSCI Commodity-Indexed Trust (GSG) 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
- VDE Vanguard World Fd
For “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” Vanguard World Fd (VDE) 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
- FENY
In “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” FENY 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
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
For “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” 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
Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence in the 25 Sep 2026 story “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 25 Sep 2026 story “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
How energy news reaches United States Brent Oil Fund (BNO)
United States Brent Oil Fund (BNO) is the company in “Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz,” the 25 Sep 2026 Strait of Hormuz story.
What ties United States Brent Oil Fund (BNO) to the headline is this: 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
Dates in the story, and the United States Brent Oil Fund (BNO) price range
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.
How strong the case is around United States Brent Oil Fund (BNO)
46 out of 100
“Crude Prices Slip in Hopes of Diplomacy Reopening the Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 23 linked companies.