Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure
Published . Updated .
The reports raised hopes of renewed U.S.-Iran diplomacy, with U.S. stock futures mixed and oil prices lower.
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
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- RTX RTX
Defense contractors get more work when conflict spending rises
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
The price since 22 Sep 2026: United States Gasoline Fund (UGA) versus the S&P 500
Since the first closing price after “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” United States Gasoline Fund (UGA) is -4.51%. The S&P 500 fund (SPY) is -0.17% over the same days, a -4.34% difference versus the market. industrial stocks (XLI) is -1.99%, a -2.52% difference versus that group of stocks.
Strait of Hormuz on the map for this story
Strait of Hormuz has 198 linked stories in the last 7 days and 198 in the last 30 on the page that also carries “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure.” The recent pace is rising.
United States Gasoline Fund (UGA) on one side of this defense story
Companies mentioned with this story
- UGA United States Gasoline Fund
For “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” 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 “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” 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
In “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” 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
In “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” FENY 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
- BNO United States Brent Oil Fund
In “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” United States Brent Oil Fund (BNO) 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
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” 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
Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence in the 22 Sep 2026 story “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- ITA IShares U.S. Aerospace & Defense ETF
For “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia
United States Gasoline Fund (UGA) and the defense link
On 22 Sep 2026, “Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure” is the story that connects United States Gasoline Fund (UGA) to Strait of Hormuz.
What ties United States Gasoline Fund (UGA) to the headline is this: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
Also listed, iShares S&P GSCI Commodity-Indexed Trust (GSG): Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
The price range for United States Gasoline Fund (UGA), and the dates in the story
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. VDE traded between 176.54 and 190.84 across 10 sessions. The latest close on file is 189.01.
How strong the case is around United States Gasoline Fund (UGA)
100 out of 100
“Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure” scores 100 out of 100. The score uses 23 linked companies.