Geopolitics Alpha

Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters

Published . Updated .

ENERGYEurope stocks set to fall asUS-Iran tensions fuel oil reboundBy ReutersGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+13.9% 30d

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

  • XLE Energy Select Sector SPDR+12.1% 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 “iran” (tanker shipping) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • FRO Frontline+14.2% 30d

    Frontline (deep sea foreign transportation of freight, with business in Europe): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story.

  • SHEL Shell-2.5% 12d

    Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • BP BP p.l.c+3.2% 14d

    BP p.l.c (petroleum refining, with business in Europe): 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+4.37%+7.30%baseafter closeafter closeafter closeafter close
XLE+1.44%+2.16%baseafter closeafter closeafter closeafter close
BWET-1.54%+2.86%baseafter closeafter closeafter closeafter close
ITA-3.96%-0.11%baseafter closeafter closeafter closeafter close
VGK-1.15%+0.07%baseafter closeafter closeafter closeafter close
FRO+3.34%+8.65%baseafter closeafter closeafter closeafter close
SHEL-0.17%+2.59%baseafter closeafter closeafter closeafter close
BP+2.16%+5.16%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.

Market Call

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Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters Investing.com

Source: Investing.com

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
Bp (BP)three days earlier+5.16%final price
Bp (BP)five days earlier+2.16%final price
Amplify Commodity Trust (BWET)three days earlier+2.86%final price
Amplify Commodity Trust (BWET)five days earlier-1.54%final price
FROthree days earlier+8.65%final price
FROfive days earlier+3.34%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier-0.11%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier-3.96%final price
Shell (SHEL)three days earlier+2.59%final price
Shell (SHEL)five days earlier-0.17%final price
United States Oil Fund (USO)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
Vanguard Intl Equity Index F (VGK)three days earlier+0.07%final price
Vanguard Intl Equity Index F (VGK)five days earlier-1.15%final price
Select Sector Spdr Tr (XLE)three days earlier+2.16%final price
Select Sector Spdr Tr (XLE)five days earlier+1.44%final price

Congressional trades in United States Oil Fund (USO) around 3 Nov 2026

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).

Companies in energy around United States Oil Fund (USO)

Companies carried with this story

  • USO United States Oil Fund

    For “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” 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 “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” 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 “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” 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 “iran” (tanker shipping) in this story

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story

  • VGK Vanguard Intl Equity Index F

    In “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”)

  • SHEL Shell

    In “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • BP Bp

    For “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” Bp (BP) is linked, with no stored direction, medium confidence. Reason on file: BP p.l.c (petroleum refining, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    In “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters,” 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 energy news reaches United States Oil Fund (USO)

On 3 Nov 2026, “Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters” is the story that connects United States Oil Fund (USO) to Energy.

The link for United States Oil Fund (USO) is this: 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

Dates and price levels for United States Oil Fund (USO)

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 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.

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

46 out of 100

“Europe stocks set to fall as US-Iran tensions fuel oil rebound By Reuters” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.