Saudi Arabia’s vital East-West pipeline struck in attack
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about oil and tanker shipping. Names like XOM typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “saudi” (oil) in this story.
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 “saudi” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “saudi” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “saudi” (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”).
- FRO Frontline+1.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “saudi” (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 “saudi” (tanker shipping) in this story.
- INSW International Seaways-10.8% 16d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “saudi” (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 “saudi” (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 | +5.62% | -2.06% | base | -3.90% | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | +0.56% | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | -13.59% | after close | after close | after close |
| KSA | -2.11% | +0.34% | base | +1.23% | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | -2.51% | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | -0.53% | after close | after close | after close |
| INSW | +7.59% | +1.40% | base | -2.55% | after close | after close | after close |
| TNK | +11.16% | +3.34% | base | -0.73% | 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’s vital East-West pipeline struck in attack Financial Times
Source: Financial Times
United States Oil Fund (USO) compared with energy stocks (XLE) since 9 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -13.59% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| DHT | that day | -0.53% | final price |
| DHT | three days earlier | +6.67% | final price |
| DHT | five days earlier | +15.43% | final price |
| FRO | that day | -2.51% | final price |
| FRO | three days earlier | +6.76% | final price |
| FRO | five days earlier | +14.63% | final price |
| INSW | that day | -2.55% | final price |
| INSW | three days earlier | +1.40% | final price |
| INSW | five days earlier | +7.59% | final price |
| Ishares Msci Saudi Arabia Etf (KSA) | that day | +1.23% | 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 |
| TNK | that day | -0.73% | final price |
| TNK | three days earlier | +3.34% | final price |
| TNK | five days earlier | +11.16% | final price |
| United States Oil Fund (USO) | that day | -3.90% | 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 |
| Select Sector Spdr Tr (XLE) | that day | +0.56% | 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 |
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 26 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 70 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 26 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 47 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 68 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 75 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 77 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 80 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).
Who collects and who pays in energy
Likely winners
- XOM ExxonMobil Holdings
For “Saudi Arabia’s vital East-West pipeline struck in attack,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “saudi” (oil) in this story
No up or down call on file
- USO United States Oil Fund
For “Saudi Arabia’s vital East-West pipeline struck in attack,” 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 “saudi” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Saudi Arabia’s vital East-West pipeline struck in attack.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “saudi” (oil) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Saudi Arabia’s vital East-West pipeline struck in attack.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “saudi” (tanker shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Saudi Arabia’s vital East-West pipeline struck in attack.” Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)
How “Saudi Arabia’s vital East-West pipeline struck in attack” reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Saudi Arabia’s vital East-West pipeline struck in attack,” the 9 Nov 2026 Energy story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “saudi” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “saudi” (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 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.
A simple score for United States Oil Fund (USO)
46 out of 100
“Saudi Arabia’s vital East-West pipeline struck in attack” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.