Oil jumps over $3 as investors assess Iran war future, tanker attacks
Published . Updated .
Key takeaways
- By Siddharth Cavale NEW YORK, Nov 5 (Reuters) - Brent futures rose more than $3 a barrel on Thursday, as investors reassessed the outlook for the US-Israeli war with Iran,
- Exposed: USO, XLE, BWET, ITA, FRO
- Market reaction: USO +1.6% on the day (still updating); XLE −1.4% on the day (still updating); FRO −6.7% on the day (still updating)
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By Siddharth Cavale NEW YORK, Nov 5 (Reuters) - Brent futures rose more than $3 a barrel on Thursday, as investors reassessed the outlook for the US-Israeli war with Iran,
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- EIS iShares MSCI Israel ETF-4.5% 11d
iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israeli”).
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+5.5% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+2.8% 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +15.71% | +7.84% | base | +1.64% | after close | after close | after close |
| XLE | +8.14% | +5.85% | base | -1.35% | after close | after close | after close |
| ITA | +0.76% | +0.87% | base | -4.31% | after close | after close | after close |
| BWET | +32.30% | +28.62% | base | -4.77% | after close | after close | after close |
| EIS | +5.33% | +2.36% | base | -4.09% | after close | after close | after close |
| XOM | +8.08% | +6.08% | base | -0.59% | after close | after close | after close |
| CVX | +6.66% | +5.01% | base | -0.35% | after close | after close | after close |
| COP | +9.55% | +7.27% | base | +0.40% | 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.
Oil jumps over $3 as investors assess Iran war future, tanker attacks The Lufkin Daily News
Source: The Lufkin Daily News
How far United States Oil Fund (USO) has moved since 5 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -4.77% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +28.62% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +32.30% | final price |
| COP | that day | +0.40% | still updating |
| COP | three days earlier | +7.27% | final price |
| COP | five days earlier | +9.55% | final price |
| CVX | that day | -0.35% | still updating |
| CVX | three days earlier | +5.01% | final price |
| CVX | five days earlier | +6.66% | final price |
| EIS | that day | -4.09% | still updating |
| EIS | three days earlier | +2.36% | final price |
| EIS | five days earlier | +5.33% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | -4.31% | still updating |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | +0.87% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +0.76% | final price |
| United States Oil Fund (USO) | that day | +1.64% | still updating |
| United States Oil Fund (USO) | three days earlier | +7.84% | final price |
| United States Oil Fund (USO) | five days earlier | +15.71% | final price |
| Select Sector Spdr Tr (XLE) | that day | -1.35% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | +5.85% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +8.14% | final price |
| XOM | that day | -0.59% | still updating |
| XOM | three days earlier | +6.08% | final price |
| XOM | five days earlier | +8.08% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 22 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 66 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 22 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 43 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 64 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 71 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 73 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 76 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).
United States Oil Fund (USO) on one side of this energy story
Likely winners
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 5 Nov 2026 story “Oil jumps over $3 as investors assess Iran war future, tanker attacks.” Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- DHT DHT Holdings
DHT Holdings (DHT) tends to benefit, medium confidence in the 5 Nov 2026 story “Oil jumps over $3 as investors assess Iran war future, tanker attacks.” Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- INSW International Seaways
In “Oil jumps over $3 as investors assess Iran war future, tanker attacks,” 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 “tanker” (tanker shipping) in this story
- TNK Teekay Tankers
In “Oil jumps over $3 as investors assess Iran war future, tanker attacks,” Teekay Tankers (TNK) tends to benefit, medium confidence. Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (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 5 Nov 2026 story “Oil jumps over $3 as investors assess Iran war future, tanker attacks.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
In “Oil jumps over $3 as investors assess Iran war future, tanker attacks,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
For “Oil jumps over $3 as investors assess Iran war future, tanker 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 “tanker” (tanker shipping) in this story
- ITA IShares U.S. Aerospace & Defense ETF
For “Oil jumps over $3 as investors assess Iran war future, tanker attacks,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
How energy news reaches United States Oil Fund (USO)
On 5 Nov 2026, “Oil jumps over $3 as investors assess Iran war future, tanker attacks” is the story that connects United States Oil Fund (USO) to Energy.
The link for United States Oil Fund (USO) is this: 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
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 143.02 and 171.80 across 20 sessions. The latest close on file is 145.42. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
What the saved facts support for United States Oil Fund (USO)
46 out of 100Price not final
“Oil jumps over $3 as investors assess Iran war future, tanker attacks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.