Geopolitics Alpha

Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam

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Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam

Yemen's Houthis claimed attacks on three Saudi oil facilities and two international airports. Saudi authorities have not confirmed the reported strikes.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+7.3% 30d

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

  • XLE Energy Select Sector SPDR+6.2% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story.

  • BWET Breakwave Tanker Shipping ETF+25.1% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “houthi” (tanker shipping) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-7.3% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings+10.3% 14d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+8.4% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • COP ConocoPhillips+7.7% 30d

    ConocoPhillips (petroleum refining): 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
USONo price data for this ticker———————
XLE+0.88%-0.71%baseafter closeafter closeafter closeafter close
CRAKNo price data for this ticker———————
BWETNo price data for this ticker———————
KSANo price data for this ticker———————
XOM+0.44%-1.38%baseafter closeafter closeafter closeafter close
CVX+0.78%-1.37%baseafter closeafter closeafter closeafter close
COPNo price data for this ticker———————

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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Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam The Jerusalem Post

Source: The Jerusalem Post

What happened to United States Oil Fund (USO) the last 15 times Red Sea was in the news

In the last 15 similar stories, United States Oil Fund (USO) moved an average of +4.96% the next day. The best was +6.10% and the worst was +2.68%, from 3 prices.

CompanyWhenAverageLargest gainLargest dropPrices
United States Oil Fund (USO)the next day+4.96%+6.10%+2.68%3
United States Oil Fund (USO)three days later+2.40%+2.58%+2.22%2
Select Sector Spdr Tr (XLE)the next day+1.46%+2.88%-0.55%14
Select Sector Spdr Tr (XLE)three days later+0.59%+2.31%+0.18%13

How far United States Oil Fund (USO) has moved since 29 Oct 2026

CompanyWhenMoveStatus
Chevron (CVX)three days earlier-1.37%final price
Chevron (CVX)five days earlier+0.78%final price
Select Sector Spdr Tr (XLE)three days earlier-0.71%final price
Select Sector Spdr Tr (XLE)five days earlier+0.88%final price
ExxonMobil Holdings (XOM)three days earlier-1.38%final price
ExxonMobil Holdings (XOM)five days earlier+0.44%final price

Trades by members of Congress and officials in the stocks in this story

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, seven days against thirty

Red Sea

Geopolitics Alpha has 84 stories about Red Sea from the past 7 days and 204 stories from the past 30. That is faster than its usual pace over the past month. “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam” is tagged to Red Sea.

Who gains and who pays if Red Sea stays in the story

Companies carried with this story

  • USO United States Oil Fund

    For “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam,” 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 29 Oct 2026 story “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • CRAK Vaneck Etf Trust

    Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refineries” (refining) in this story

  • BWET Amplify Commodity Trust

    For “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam,” 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 “houthi” (tanker shipping) in this story

  • KSA Ishares Msci Saudi Arabia Etf

    Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam.” Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)

  • XOM ExxonMobil Holdings

    For “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam,” 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

  • VLO Valero Energy

    In “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refineries” (refining) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

How a Red Sea shock reaches United States Oil Fund (USO)

The 29 Oct 2026 story “Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam” names United States Oil Fund (USO) because of Red Sea.

United States Oil Fund (USO) is on the page because 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

What this energy story puts on the calendar

USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.

The energy score for United States Oil Fund (USO)

46 out of 100

“Houthis claim attacks on Saudi oil refineries, airports in Riyadh and Dammam” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.