Gulf States Prove Resilient in the Face of US-Iran Conflict
Published . Updated .
This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “gulf” (oil) in this story.
- XLE Energy Select Sector SPDR+6.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “gulf” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+38.2% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “gulf” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-4.2% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “gulf” (defense) in this story.
- FRO Frontline+0.2% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “gulf” (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 “gulf” (tanker shipping) in this story.
- INSW International Seaways+1.3% 8d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “gulf” (tanker shipping) in this story.
- TNK Teekay Tankers
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “gulf” (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 | -2.37% | +3.62% | base | +1.87% | after close | after close | after close |
| XLE | -0.12% | +1.60% | base | +0.34% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -4.64% | -1.64% | base | +4.04% | after close | after close | after close |
| DHT | +0.06% | +1.80% | base | +2.01% | after close | after close | after close |
| INSW | -0.05% | -0.54% | base | +0.69% | after close | after close | after close |
| TNK | -2.44% | +1.10% | base | +0.83% | 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.
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Gulf States Prove Resilient in the Face of US-Iran Conflict Global Finance Magazine
Source: Global Finance Magazine
United States Oil Fund (USO) since “Gulf States Prove Resilient in the Face of US-Iran Conflict,” compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| DHT | that day | +2.01% | final price |
| DHT | three days earlier | +1.80% | final price |
| DHT | five days earlier | +0.06% | final price |
| FRO | that day | +4.04% | final price |
| FRO | three days earlier | -1.64% | final price |
| FRO | five days earlier | -4.64% | final price |
| INSW | that day | +0.69% | final price |
| INSW | three days earlier | -0.54% | final price |
| INSW | five days earlier | -0.05% | final price |
| TNK | that day | +0.83% | final price |
| TNK | three days earlier | +1.10% | final price |
| TNK | five days earlier | -2.44% | final price |
| United States Oil Fund (USO) | that day | +1.87% | final price |
| United States Oil Fund (USO) | three days earlier | +3.62% | final price |
| United States Oil Fund (USO) | five days earlier | -2.37% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.34% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +1.60% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -0.12% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 35 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 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 63 days before publication. Filed 8 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 63 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 65 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 68 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).
Who gains and who loses around United States Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
In “Gulf States Prove Resilient in the Face of US-Iran Conflict,” 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 “gulf” (oil) in this story
- XLE Select Sector Spdr Tr
For “Gulf States Prove Resilient in the Face of US-Iran Conflict,” 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 “gulf” (oil) in this story
- BWET Amplify Commodity Trust
In “Gulf States Prove Resilient in the Face of US-Iran Conflict,” 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 “gulf” (tanker shipping) in this story
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Gulf States Prove Resilient in the Face of US-Iran Conflict.” Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “gulf” (defense) in this story
- XOM ExxonMobil Holdings
For “Gulf States Prove Resilient in the Face of US-Iran Conflict,” 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 “gulf” (oil) in this story
- CVX Chevron
In “Gulf States Prove Resilient in the Face of US-Iran Conflict,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gulf” (oil) in this story
- COP Conocophillips
In “Gulf States Prove Resilient in the Face of US-Iran Conflict,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “gulf” (oil) in this story
- SHEL Shell
For “Gulf States Prove Resilient in the Face of US-Iran Conflict,” 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 “gulf” (oil) in this story
How “Gulf States Prove Resilient in the Face of US-Iran Conflict” reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Gulf States Prove Resilient in the Face of US-Iran Conflict,” the 28 Oct 2026 this story story.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “gulf” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “gulf” (oil) in this story
Dates and price levels for United States Oil Fund (USO)
BWET traded between 788.51 and 1047.07 across 16 sessions. The latest close on file is 894.54. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“Gulf States Prove Resilient in the Face of US-Iran Conflict” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.