Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz
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This report is about oil and tanker shipping. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+8.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- XLE Energy Select Sector SPDR+8.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.
- FRO Frontline+8.7% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iran” (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 “iran” (tanker shipping) in this story.
- INSW International Seaways-3.9% 12d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iran” (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 “iran” (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 | +4.37% | +7.30% | base | -0.01% | after close | after close | after close |
| XLE | +1.44% | +2.16% | base | -0.36% | after close | after close | after close |
| BWET | -1.54% | +2.86% | base | -8.08% | after close | after close | after close |
| ITA | -3.96% | -0.11% | base | +1.62% | after close | after close | after close |
| FRO | +3.34% | +8.65% | base | -1.21% | after close | after close | after close |
| DHT | +1.11% | +5.11% | base | -1.07% | after close | after close | after close |
| INSW | +5.42% | +7.55% | base | -0.94% | after close | after close | after close |
| TNK | +3.04% | +6.23% | base | -0.30% | 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.
Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz Shanghai Metals Market
Source: Shanghai Metals Market
19 earlier Strait of Hormuz stories for United States Oil Fund (USO)
Those 19 earlier stories put United States Oil Fund (USO) at an average move of -1.04% the next day. Largest gain +3.26%, largest drop -3.69%, from 19 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -1.04% | +3.26% | -3.69% | 19 |
| United States Oil Fund (USO) | three days later | -0.04% | +6.12% | -4.19% | 19 |
| Select Sector Spdr Tr (XLE) | the next day | -1.10% | +3.24% | -1.69% | 19 |
| Select Sector Spdr Tr (XLE) | three days later | -0.18% | +2.27% | -1.42% | 19 |
| Amplify Commodity Trust (BWET) | the next day | +0.82% | +4.46% | +0.12% | 15 |
| Amplify Commodity Trust (BWET) | three days later | +4.19% | +4.59% | +1.56% | 15 |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | +2.61% | +4.01% | +1.91% | 3 |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days later | +5.37% | +5.99% | +4.12% | 3 |
- US paying most for Hormuz oil shock with world’s largest fuel bill
- U.S. Army Says It Has Helped 1.5 Billion Barrels of Oil Out of Hormuz
- QatarEnergy in talks to buy up to 3 MMtpy from Woodside's Louisiana LNG as Hormuz disruptions persist
- Container ship sinks near the Strait of Hormuz as shipping attacks increase
- The Week in Charts: Crude tankers in correction mode after Hormuz-driven ‘super spike’ | Africa’s LNG ambitions grow as Hormuz disruption exposes supply risk
- US says helped Gulf nations export 1.5 billion barrels of oil through Hormuz
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -8.08% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +2.86% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | -1.54% | final price |
| DHT | that day | -1.07% | still updating |
| DHT | three days earlier | +5.11% | final price |
| DHT | five days earlier | +1.11% | final price |
| Frontline (FRO) | that day | -1.21% | still updating |
| Frontline (FRO) | three days earlier | +8.65% | final price |
| Frontline (FRO) | five days earlier | +3.34% | final price |
| International Seaways (INSW) | that day | -0.94% | still updating |
| International Seaways (INSW) | three days earlier | +7.55% | final price |
| International Seaways (INSW) | five days earlier | +5.42% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +1.62% | still updating |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -0.11% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | -3.96% | final price |
| TNK | that day | -0.30% | still updating |
| TNK | three days earlier | +6.23% | final price |
| TNK | five days earlier | +3.04% | final price |
| United States Oil Fund (USO) | that day | -0.01% | still updating |
| United States Oil Fund (USO) | three days earlier | +7.30% | final price |
| United States Oil Fund (USO) | five days earlier | +4.37% | final price |
| Select Sector Spdr Tr (XLE) | that day | -0.36% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | +2.16% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +1.44% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 20 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 64 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 20 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 41 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 62 days before publication. Filed 7 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).
Strait of Hormuz on the map for this story
Geopolitics Alpha has 190 stories about Strait of Hormuz from the past 7 days and 497 stories from the past 30. That is faster than its usual pace over the past month. “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz” is tagged to Strait of Hormuz.
Who gains and who loses around United States Oil Fund (USO)
The side that tends to collect
- XOM ExxonMobil Holdings
For “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz,” 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 “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz,” 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
- FRO Frontline
For “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story
- INSW International Seaways
In “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz,” International Seaways (INSW) tends to benefit, medium confidence. Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story
No up or down call on file
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story
- BWET Amplify Commodity Trust
For “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz,” 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
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz.” Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story
What Strait of Hormuz means for United States Oil Fund (USO)
The 3 Nov 2026 story “Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz” names United States Oil Fund (USO) because of Strait of Hormuz.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “iran” (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 “iran” (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 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.
What the saved facts support for United States Oil Fund (USO)
46 out of 100Price not final
“Iran Outlines Conditions for Peace, Including Lifting Sanctions and Control Over Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.