Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war
Published . Updated .
Covered by 2 outlets: The Mighty 790 KFGO, Reuters.
Who covered it: Center 1 · Not rated 1. How we rate outlets
This report is about oil and tanker shipping. Names like FRO and DHT typically gain because 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.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+7.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.2% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-2.9% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- FRO Frontline+2.8% 30d
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 (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+1.5% 9d
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
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (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 | +0.80% | -2.73% | base | after close | after close | after close | after close |
| XLE | +0.88% | -0.71% | base | after close | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -6.45% | -4.89% | base | after close | after close | after close | after close |
| DHT | -2.07% | -3.81% | base | after close | after close | after close | after close |
| INSW | -2.50% | -1.98% | base | after close | after close | after close | after close |
| TNK | -1.93% | -3.00% | base | after close | 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.
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Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war The Mighty 790 KFGO
Source: The Mighty 790 KFGO
16 earlier Strait of Hormuz stories for United States Oil Fund (USO)
Across 16 earlier stories, United States Oil Fund (USO) the next day averaged +4.65%. The largest gain was +6.10% and the largest drop was +1.13%, from 16 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +4.65% | +6.10% | +1.13% | 16 |
| United States Oil Fund (USO) | three days later | +2.80% | +5.08% | +2.22% | 16 |
| Select Sector Spdr Tr (XLE) | the next day | +0.97% | +1.70% | -0.95% | 16 |
| Select Sector Spdr Tr (XLE) | three days later | +0.76% | +2.31% | +0.18% | 16 |
- Middle East Oil Flows Near Prewar Levels Defy Hormuz Attacks
- AMERICAN ENERGY SNAPSHOT: Beyond Hormuz – The Pressures Keeping Fuel Markets Tight
- Iraq’s Energy Challenges Amid the Hormuz Crisis
- Brent crude is slipping to $108.42 after topping $110 as Hormuz risks persist
- Oil prices increase as 7 tankers reported damaged in Hormuz
- Iran says 7 tankers were damaged in the Strait of Hormuz, and other Mideast news
United States Oil Fund (USO) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | three days earlier | -3.81% | final price |
| DHT Holdings (DHT) | five days earlier | -2.07% | final price |
| Frontline (FRO) | three days earlier | -4.89% | final price |
| Frontline (FRO) | five days earlier | -6.45% | final price |
| International Seaways (INSW) | three days earlier | -1.98% | final price |
| International Seaways (INSW) | five days earlier | -2.50% | final price |
| Teekay Tankers (TNK) | three days earlier | -3.00% | final price |
| Teekay Tankers (TNK) | five days earlier | -1.93% | final price |
| United States Oil Fund (USO) | three days earlier | -2.73% | final price |
| United States Oil Fund (USO) | five days earlier | +0.80% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.71% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +0.88% | final price |
The Strait of Hormuz count beside this story
Geopolitics Alpha has 123 stories about Strait of Hormuz from the past 7 days and 366 stories from the past 30. That is faster than its usual pace over the past month. “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war” is tagged to Strait of Hormuz.
Companies in energy around United States Oil Fund (USO)
The side that tends to collect
- FRO Frontline
For “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war,” 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 “tanker” (tanker shipping) in this story
- DHT DHT Holdings
DHT Holdings (DHT) tends to benefit, medium confidence in the 30 Oct 2026 story “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war.” 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
International Seaways (INSW) tends to benefit, medium confidence in the 30 Oct 2026 story “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war.” 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 set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war,” 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
For “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war,” 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 “oil” (oil) in this story
- XLE Select Sector Spdr Tr
In “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war,” 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
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 30 Oct 2026 story “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war.” 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 set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war,” 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
United States Oil Fund (USO) and the energy link
United States Oil Fund (USO) is the company in “Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war,” the 30 Oct 2026 Strait of Hormuz story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (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 “oil” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
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 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.
What the saved facts support for United States Oil Fund (USO)
54 out of 100
“Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.