Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz
Published . Updated .
Oil prices jumped on Monday after U.S. President Donald Trump rejected an Iranian peace proposal aimed at ending the conflict.
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 28 Sep 2026: United States Brent Oil Fund (BNO) versus the S&P 500
Since the first closing price after “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” United States Brent Oil Fund (BNO) is +14.25%. The S&P 500 fund (SPY) is +0.29% over the same days, a +13.96% difference versus the market. energy stocks (XLE) is +10.15%, a +4.10% difference versus that group of stocks.
The Strait of Hormuz count beside 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 “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz.” The recent pace is rising.
Companies in energy around United States Brent Oil Fund (BNO)
Companies carried with this story
- BNO United States Brent Oil Fund
For “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” 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
- UGA United States Gasoline Fund
For “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” 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 “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” 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
Vanguard World Fd (VDE) is linked, with no stored direction, high confidence in the 28 Sep 2026 story “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz.” 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
For “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” 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
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
For “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” 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
For “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” Ishares U.S. Oil Equipment & Services Etf (IEZ) 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
- USO United States Oil Fund
In “Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
How a Strait of Hormuz shock reaches United States Brent Oil Fund (BNO)
“Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz” (28 Sep 2026) reaches United States Brent Oil Fund (BNO) through Strait of Hormuz.
The link for United States Brent Oil Fund (BNO) 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, United States Gasoline Fund (UGA): 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 Brent Oil Fund (BNO), and the dates in the story
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. 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.
What the saved facts support for United States Brent Oil Fund (BNO)
100 out of 100
“Oil prices rise as Trump rejects Iranian proposal to reopen Strait of Hormuz” scores 100 out of 100. The score uses 16 linked companies.