Geopolitics Alpha

Hormuz attacks keep Brent crude unsteady

Published . Updated .

Hormuz attacks keep Brent crude unsteady Oil & Gas 360

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

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • STNG Scorpio Tankers

    Tanker operators earn more when freight rates spike

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO-10.06%-4.93%—-4.68%-10.98%-11.10%-14.13%
INSW-6.50%-4.12%—-5.08%-9.51%-12.06%-16.19%
DHT-10.73%-7.26%—-6.10%-11.78%-11.22%-13.37%
TNK———————
USO———————
XLE———————
XOM———————
CVX-5.81%-2.68%—+1.96%+0.71%+3.29%+3.06%
STNG———————
DAL+4.31%+3.29%—-3.63%-1.85%-5.25%-6.17%

Hormuz attacks keep Brent crude unsteady Oil & Gas 360

Source: Oil & Gas 360

How United States Brent Oil Fund (BNO) moved across the last 21 energy stories

CompanyWhenAverageLargest gainLargest dropPrices
Vanguard World Fd (VDE)the next day+3.32%+3.32%+3.32%2
Vanguard World Fd (VDE)three days later+1.98%+1.98%+1.98%2

Price since this story was published: United States Brent Oil Fund (BNO)

Since the first closing price after “Hormuz attacks keep Brent crude unsteady,” United States Brent Oil Fund (BNO) is +3.45%. The S&P 500 fund (SPY) is -0.67% over the same days, a +4.12% difference versus the market. energy stocks (XLE) is +1.88%, a +1.58% difference versus that group of stocks.

CompanyWhenMoveStatus
CVXthat day+1.96%final price
CVXthe next day+0.71%final price
CVXtwo days later+3.29%final price
CVXthree days later+3.06%final price
CVXthree days earlier-2.68%final price
CVXfive days earlier-5.81%final price
DALthat day-3.63%final price
DALthe next day-1.85%final price
DALtwo days later-5.25%final price
DALthree days later-6.17%final price
DALthree days earlier+3.29%final price
DALfive days earlier+4.31%final price
DHTthat day-6.10%final price
DHTthe next day-11.78%final price
DHTtwo days later-11.22%final price
DHTthree days later-13.37%final price
DHTthree days earlier-7.26%final price
DHTfive days earlier-10.73%final price
FROthat day-4.68%final price
FROthe next day-10.98%final price
FROtwo days later-11.10%final price
FROthree days later-14.13%final price
FROthree days earlier-4.93%final price
FROfive days earlier-10.06%final price
INSWthat day-5.08%final price
INSWthe next day-9.51%final price
INSWtwo days later-12.06%final price
INSWthree days later-16.19%final price
INSWthree days earlier-4.12%final price
INSWfive days earlier-6.50%final price
BNO
SPY
XLE

Where this story sits: Strait of Hormuz

Strait of Hormuz has 195 linked stories in the last 7 days and 195 in the last 30 on the page that also carries “Hormuz attacks keep Brent crude unsteady.” The recent pace is rising.

Companies in energy around United States Brent Oil Fund (BNO)

Companies tied to this story

  • BNO United States Brent Oil Fund

    United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 14 Oct 2026 story “Hormuz attacks keep Brent crude unsteady.” 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 “Hormuz attacks keep Brent crude unsteady,” 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

    For “Hormuz attacks keep Brent crude unsteady,” 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 “Hormuz attacks keep Brent crude unsteady,” 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

    FENY is linked, with no stored direction, high confidence in the 14 Oct 2026 story “Hormuz attacks keep Brent crude unsteady.” 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 “Hormuz attacks keep Brent crude unsteady,” 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

    In “Hormuz attacks keep Brent crude unsteady,” Ishares U.S. Oil Equipment & Services Etf (IEZ) 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

  • USO United States Oil Fund

    In “Hormuz attacks keep Brent crude unsteady,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

How “Hormuz attacks keep Brent crude unsteady” reaches United States Brent Oil Fund (BNO)

On 14 Oct 2026, “Hormuz attacks keep Brent crude unsteady” is the story that connects United States Brent Oil Fund (BNO) to Strait of Hormuz.

United States Brent Oil Fund (BNO) is on the page because Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

United States Gasoline Fund (UGA) is here too. Its reason reads: 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.

A simple score for United States Brent Oil Fund (BNO)

46 out of 100

“Hormuz attacks keep Brent crude unsteady” scores 46 out of 100. The score uses 1 sources, and 15 linked companies.