Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis
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Saudi Arabia's civil defence authority issued an all-clear for the southwestern province of Jazan on Saturday, after an earlier warning of potential danger in the area.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story.
- CRAK VanEck Oil Refiners ETF
VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “aramco” (tanker shipping) in this story.
- KSA iShares MSCI Saudi Arabia ETF-8.2% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story.
- VLO Valero Energy-11.1% 30d
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
- CVX Chevron+3.0% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (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 | +5.62% | -2.06% | base | after close | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | after close | after close | after close | after close |
| CRAK | +9.70% | +5.65% | base | after close | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| KSA | -2.11% | +0.34% | base | after close | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | after close | after close | after close | after close |
| VLO | +10.15% | +5.46% | base | after close | after close | after close | after close |
| CVX | +7.15% | +2.05% | 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.
Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis Middle East Eye
Source: Middle East Eye
8 earlier Red Sea stories for United States Oil Fund (USO)
Across 8 earlier stories, United States Oil Fund (USO) the next day averaged -6.64%. The largest gain was -6.32% and the largest drop was -7.20%, from 7 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -6.64% | -6.32% | -7.20% | 7 |
| United States Oil Fund (USO) | three days later | -10.32% | -4.86% | -13.51% | 7 |
| Select Sector Spdr Tr (XLE) | the next day | -4.57% | -2.12% | -5.58% | 6 |
| Select Sector Spdr Tr (XLE) | three days later | -9.72% | -7.58% | -11.35% | 6 |
| Amplify Commodity Trust (BWET) | the next day | -12.39% | -2.78% | -22.25% | 8 |
| Amplify Commodity Trust (BWET) | three days later | -27.43% | -24.41% | -28.03% | 6 |
- Oil Prices Rise After Hormuz Tanker Attack, Houthi Claims Stoke Supply Fears
- Saudi Economy Shrank at Slower Pace Before Houthi War Escalation
- PERSPECTIVE: Oil Prices Unlikely to Fall as Houthi Attacks Threaten Saudi Export Routes, Middle East Expert Warns
- US Fed caught in Hormuz and Red Sea trap - Interest rates and the mathematical formula that sparked panic
- Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis
- 7 wounded in Saudi strikes on port and oil facility in Yemen, Houthis say
United States Oil Fund (USO) compared with energy stocks (XLE) since 7 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Vaneck Etf Trust (CRAK) | three days earlier | +5.65% | final price |
| Vaneck Etf Trust (CRAK) | five days earlier | +9.70% | final price |
| Chevron (CVX) | three days earlier | +2.05% | final price |
| Chevron (CVX) | five days earlier | +7.15% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | three days earlier | +0.34% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | five days earlier | -2.11% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Valero Energy (VLO) | three days earlier | +5.46% | final price |
| Valero Energy (VLO) | five days earlier | +10.15% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | 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 24 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 68 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 24 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 45 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 66 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).
Where this story sits: Red Sea
Geopolitics Alpha has 24 stories about Red Sea from the past 7 days and 233 stories from the past 30. That is slower than its usual pace over the past month. “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis” is tagged to Red Sea.
United States Oil Fund (USO) on one side of this energy story
Companies mentioned with this story
- USO United States Oil Fund
For “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis,” 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 “aramco” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story
- CRAK Vaneck Etf Trust
For “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “aramco” (tanker shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
In “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis,” Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)
- XOM ExxonMobil Holdings
For “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
- VLO Valero Energy
In “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
How energy news reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis,” the 7 Nov 2026 Red Sea story.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story
Price levels for United States Oil Fund (USO)
USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
The energy score for United States Oil Fund (USO)
46 out of 100
“Saudi Arabia lifts alert in Jazan, home to Aramco refinery targeted by Houthis” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.