Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks
Published . Updated .
Saudi-backed forces report strikes on Houthi positions as US embassy warns its citizens to leave the kingdom as attacks intensify
Directly affected
- No company is named in this report.
Indirectly affected
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- XLE Energy Select Sector SPDR+5.6% 30d
Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- USO United States Oil Fund+2.7% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+70.4% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- KSA iShares MSCI Saudi Arabia ETF-9.1% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- EIS iShares MSCI Israel ETF-1.2% 13d
iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israeli”).
- XOM ExxonMobil Holdings+11.8% 12d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
- CVX Chevron+6.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CRAKNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | -2.42% | -2.96% | base | -1.41% | after close | after close | after close |
| USO | -3.36% | -2.27% | base | -1.05% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| KSANo price data for this ticker | — | — | — | — | — | — | — |
| EISNo price data for this ticker | — | — | — | — | — | — | — |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| CVXNo 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.
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Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks Middle East Eye
Source: Middle East Eye
How Vaneck Etf Trust (CRAK) moved across the last 16 energy stories
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Select Sector Spdr Tr (XLE) | the next day | -0.41% | -0.41% | -0.41% | 14 |
| Select Sector Spdr Tr (XLE) | three days later | -0.96% | -0.96% | -0.96% | 14 |
| United States Oil Fund (USO) | the next day | -0.66% | -0.66% | -0.66% | 5 |
| United States Oil Fund (USO) | three days later | +0.46% | +0.46% | +0.46% | 5 |
- Saudi-led coalition intercepts two Houthi ballistic missiles, four drones
- Texas Crude Closes at $101 for the First Time in a Month: Hormuz Mines, Houthi Missiles and Ukraine Drones
- Analyst urges Asian countries to consider imposing sanctions on the Houthis
- Egypt pledges 'all necessary support' to Saudi Arabia amid Houthi militia attacks
- Saudi Arabia intercepts Houthi missiles as two pilots die in helicopter crash
- Tanker explosion reported in Strait of Hormuz as Saudi-Houthi clashes continue
The price since 27 Oct 2026: Vaneck Etf Trust (CRAK) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| United States Oil Fund (USO) | that day | -1.05% | still updating |
| United States Oil Fund (USO) | three days earlier | -2.27% | final price |
| United States Oil Fund (USO) | five days earlier | -3.36% | final price |
| Select Sector Spdr Tr (XLE) | that day | -1.41% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.96% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.42% | 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 57 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 88 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 34 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 55 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 62 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).
The Red Sea count beside this story
Geopolitics Alpha has 84 stories about Red Sea from the past 7 days and 179 stories from the past 30. That is faster than its usual pace over the past month. “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks” is tagged to Red Sea.
Vaneck Etf Trust (CRAK) on one side of this energy story
The side that tends to collect
- XOM ExxonMobil Holdings
For “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story
- CVX Chevron
For “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story
No up or down call on file
- CRAK Vaneck Etf Trust
Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story
- XLE Select Sector Spdr Tr
For “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story
- USO United States Oil Fund
For “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks,” 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
- BWET Amplify Commodity Trust
In “Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks,” 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
How energy news reaches Vaneck Etf Trust (CRAK)
“Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks” (27 Oct 2026) reaches Vaneck Etf Trust (CRAK) through Red Sea.
The link for Vaneck Etf Trust (CRAK) is this: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story
Price levels for Vaneck Etf Trust (CRAK)
USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.
How solid the energy case looks
46 out of 100Price not final
“Houthis hit Saudi refinery as Iran warns of ‘devastating’ response to further US-Israeli attacks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.