Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites
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This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 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 “oil” (tanker shipping) in this story.
- KSA iShares MSCI Saudi Arabia ETF-8.2% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- FRO Frontline+1.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
- CVX Chevron+3.0% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 “oil” (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 | +5.62% | -2.06% | base | after close | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | after close | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| KSA | -2.11% | +0.34% | base | after close | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | after close | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | after close | after close | after close | after close |
| CVX | +7.15% | +2.05% | base | after close | after close | after close | after close |
| DHT | +15.43% | +6.67% | 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.
Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites The New Arab
Source: The New Arab
Earlier energy stories for United States Oil Fund (USO): 8 cases
Those 8 earlier stories put United States Oil Fund (USO) at an average move of -6.64% the next day. Largest gain -6.32%, largest drop -7.20%, from 7 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -6.64% | -6.32% | -7.20% | 7 |
| United States Oil Fund (USO) | three days later | -10.32% | -4.86% | -13.51% | 7 |
| Select Sector Spdr Tr (XLE) | the next day | -4.57% | -2.12% | -5.58% | 6 |
| Select Sector Spdr Tr (XLE) | three days later | -9.72% | -7.58% | -11.35% | 6 |
| Amplify Commodity Trust (BWET) | the next day | -12.39% | -2.78% | -22.25% | 8 |
| Amplify Commodity Trust (BWET) | three days later | -27.43% | -24.41% | -28.03% | 6 |
| Ishares Msci Saudi Arabia Etf (KSA) | the next day | +0.12% | +0.12% | +0.12% | 4 |
| Ishares Msci Saudi Arabia Etf (KSA) | three days later | +1.95% | +1.95% | +1.95% | 4 |
- Oil Prices Rise After Hormuz Tanker Attack, Houthi Claims Stoke Supply Fears
- Saudi Economy Shrank at Slower Pace Before Houthi War Escalation
- PERSPECTIVE: Oil Prices Unlikely to Fall as Houthi Attacks Threaten Saudi Export Routes, Middle East Expert Warns
- US Fed caught in Hormuz and Red Sea trap - Interest rates and the mathematical formula that sparked panic
- Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis
- 7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say
How far United States Oil Fund (USO) has moved since 8 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Chevron (CVX) | three days earlier | +2.05% | final price |
| Chevron (CVX) | five days earlier | +7.15% | final price |
| DHT | three days earlier | +6.67% | final price |
| DHT | five days earlier | +15.43% | final price |
| FRO | three days earlier | +6.76% | final price |
| FRO | five days earlier | +14.63% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | three days earlier | +0.34% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | five days earlier | -2.11% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 25 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 69 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 25 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 46 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 67 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 74 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 76 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 79 days before publication. Filed 8 Oct 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).
Red Sea on the map for this story
Geopolitics Alpha has 24 stories about Red Sea from the past 7 days and 233 stories from the past 30. That is slower than its usual pace over the past month. “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites” is tagged to Red Sea.
Who collects and who pays in energy
Companies tied to this story
- USO United States Oil Fund
For “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites,” 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
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
For “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites,” 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 “oil” (tanker shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
In “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites,” Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- COP Conocophillips
Conocophillips (COP) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- SHEL Shell
In “Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
From Red Sea to United States Oil Fund (USO)
“Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites” (8 Nov 2026) reaches United States Oil Fund (USO) through Red Sea.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
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 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
The energy score for United States Oil Fund (USO)
46 out of 100
“Explosions in Iran’s Qeshm, Houthis say targeted Saudi oil sites” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.