Saudi Aramco building in Riyadh damaged in attempted attack
Published . Updated .
Covered by 2 outlets: South China Morning Post, CNBC.
Who covered it: Center 2. How we rate outlets
Key takeaways
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The Houthis have stepped up missile and drone attacks on Saudi airports, ports and oil facilities since fighting resumed in July.
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.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “missile” (defense) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “ports” (container 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.
- CVX Chevron+3.0% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story.
- COP ConocoPhillips+6.9% 30d
ConocoPhillips (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 |
| ITA | +3.67% | +2.77% | 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 |
| CVX | +7.15% | +2.05% | base | after close | after close | after close | after close |
| COP | +7.74% | +0.44% | 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 Aramco building in Riyadh damaged in attempted attack South China Morning Post
Source: South China Morning Post
How United States Oil Fund (USO) moved across the last 8 defense stories
United States Oil Fund (USO) the next day, across 8 earlier stories: average -6.64%, largest gain -6.32%, largest drop -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 |
| Ishares Msci Saudi Arabia Etf (KSA) | the next day | +0.12% | +0.12% | +0.12% | 4 |
| Ishares Msci Saudi Arabia Etf (KSA) | three days later | +1.95% | +1.95% | +1.95% | 4 |
- 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
The price since 8 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| 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 |
| Conocophillips (COP) | three days earlier | +0.44% | final price |
| Conocophillips (COP) | five days earlier | +7.74% | final price |
| Chevron (CVX) | three days earlier | +2.05% | final price |
| Chevron (CVX) | five days earlier | +7.15% | final price |
| ITA | three days earlier | +2.77% | final price |
| ITA | five days earlier | +3.67% | 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 |
| 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 |
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 25 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 69 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 25 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 46 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 67 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 74 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 76 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 79 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).
Red Sea, seven days against thirty
Geopolitics Alpha has 25 stories about Red Sea from the past 7 days and 234 stories from the past 30. That is slower than its usual pace over the past month. “Saudi Aramco building in Riyadh damaged in attempted attack” is tagged to Red Sea.
Who collects and who pays in defense
Companies carried with this story
- USO United States Oil Fund
For “Saudi Aramco building in Riyadh damaged in attempted 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 “aramco” (oil) in this story
- XLE Select Sector Spdr Tr
For “Saudi Aramco building in Riyadh damaged in attempted attack,” 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 “aramco” (oil) in this story
- BWET Amplify Commodity Trust
In “Saudi Aramco building in Riyadh damaged in attempted attack,” 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 “aramco” (tanker shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
In “Saudi Aramco building in Riyadh damaged in attempted attack,” 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
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Saudi Aramco building in Riyadh damaged in attempted attack.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
- CVX Chevron
For “Saudi Aramco building in Riyadh damaged in attempted attack,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
- COP Conocophillips
In “Saudi Aramco building in Riyadh damaged in attempted attack,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
- SHEL Shell
In “Saudi Aramco building in Riyadh damaged in attempted attack,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
From Red Sea to United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Saudi Aramco building in Riyadh damaged in attempted attack,” the 8 Nov 2026 Red Sea story.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “aramco” (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 “aramco” (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.
What the saved facts support for United States Oil Fund (USO)
54 out of 100
“Saudi Aramco building in Riyadh damaged in attempted attack” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.