European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections
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This report is about oil and tanker shipping. Names like LMT typically gain because defense contractors get more work when conflict spending rises. Linked by “iran + strike” in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+8.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (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+0.3% 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 (“european”).
- FRO Frontline+8.7% 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.
- 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 “iran” (tanker shipping) in this story.
- INSW International Seaways-3.9% 12d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) 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 | +4.37% | +7.30% | base | +0.28% | after close | after close | after close |
| XLE | +1.44% | +2.16% | base | -0.19% | after close | after close | after close |
| BWET | -1.54% | +2.86% | base | -8.08% | after close | after close | after close |
| ITA | -3.96% | -0.11% | base | +1.62% | after close | after close | after close |
| VGK | -1.15% | +0.07% | base | -0.49% | after close | after close | after close |
| FRO | +3.34% | +8.65% | base | -0.74% | after close | after close | after close |
| DHT | +1.11% | +5.11% | base | -0.57% | after close | after close | after close |
| INSW | +5.42% | +7.55% | base | -0.94% | 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.
European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections Yahoo Finance
Source: Yahoo Finance
How far United States Oil Fund (USO) has moved since 3 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -8.08% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +2.86% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | -1.54% | final price |
| DHT | that day | -0.57% | still updating |
| DHT | three days earlier | +5.11% | final price |
| DHT | five days earlier | +1.11% | final price |
| FRO | that day | -0.74% | still updating |
| FRO | three days earlier | +8.65% | final price |
| FRO | five days earlier | +3.34% | final price |
| INSW | that day | -0.94% | still updating |
| INSW | three days earlier | +7.55% | final price |
| INSW | five days earlier | +5.42% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +1.62% | still updating |
| 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 |
| United States Oil Fund (USO) | that day | +0.28% | still updating |
| 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) | that day | -0.49% | still updating |
| 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) | that day | -0.19% | still updating |
| 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 the stocks in this story
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 47 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 20 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 64 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).
Who gains and who loses around United States Oil Fund (USO)
Likely winners
- LMT Lockheed Martin
For “European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections,” Lockheed Martin (LMT) tends to benefit, medium confidence. Reason on file: Defense contractors get more work when conflict spending rises. Linked by “iran + strike” in this story
No up or down call on file
- USO United States Oil Fund
For “European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections,” 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 “iran” (oil) in this story
- XLE Select Sector Spdr Tr
In “European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections,” 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 “iran” (oil) in this story
- BWET Amplify Commodity Trust
In “European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections,” 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
In “European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections,” 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
United States Oil Fund (USO)
“European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections” (3 Nov 2026) reaches United States Oil Fund (USO) through this story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
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 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.
What the saved facts support for United States Oil Fund (USO)
46 out of 100Price not final
“European Stocks Close Lower in Tuesday Trading Amid US Strikes on Iran, Ahead of US Elections” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.