Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis
Published . Updated .
Seven people reported wounded in attacks on strategic Red Sea infrastructure as Saudi Arabia intensifies efforts to weaken the Iran-backed movement and support Yemen’s internationally recognised government
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “ports” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “ports” (container shipping) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- KSA iShares MSCI Saudi Arabia ETF-7.6% 30d
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container shipping) in this story.
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- KEX Kirby+3.8% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container 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 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| KSANo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | +4.03% | +4.49% | base | after close | after close | after close | after close |
| MATX | +2.55% | +2.06% | base | after close | after close | after close | after close |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
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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Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis Kurdistan24
Source: Kurdistan24
What happened to United States Oil Fund (USO) the last 14 times Red Sea was in the news
Across 14 earlier stories, United States Oil Fund (USO) the next day averaged -3.03%. The largest gain was -2.57% and the largest drop was -3.49%, from 2 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -3.03% | -2.57% | -3.49% | 2 |
| Select Sector Spdr Tr (XLE) | the next day | -1.51% | -1.51% | -1.51% | 11 |
| Select Sector Spdr Tr (XLE) | three days later | -0.87% | -0.87% | -0.87% | 10 |
- Goldman Sachs Says Refiners See 'High Probability' Of Sharp Oil Supply Drop As Houthi Attacks Escalate — Crude Oil Prices Hit 6-Month High
- Oil Prices Hit Six-Month Highs Amid Houthi Attacks in Saudi Arabia - Phillips 66 (NYSE:PSX), Baker Hughes
- Oil jumps over US$3 a barrel on October 23 after Houthi attacks
- Oil Prices Jump $3 on Houthi Attacks, Oil Spill, Highest Settlement Since April
- Saudi Arabia Announces Destruction of Ballistic Missile , Drone Launched by the Houthis
- Houthis Claim Strikes on Rabigh Refinery and East-West Pipeline
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Matson (MATX) | three days earlier | +2.06% | final price |
| Matson (MATX) | five days earlier | +2.55% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | +4.49% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | +4.03% | final price |
Members of Congress who traded United States Oil Fund (USO) near this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 19 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 63 days before publication. Filed 25 Sep 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).
How busy Red Sea has been lately
Geopolitics Alpha has 58 stories about Red Sea from the past 7 days and 215 stories from the past 30. That is about its usual pace over the past month. “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis” is tagged to Red Sea.
Companies in energy around United States Oil Fund (USO)
Likely winners
- ZIM ZIM Integrated Shipping Services
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis,” ZIM Integrated Shipping Services (ZIM) tends to benefit, medium confidence. Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container shipping) in this story
- MATX Matson
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis,” Matson (MATX) tends to benefit, medium confidence. Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container shipping) in this story
- DAC Danaos
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis,” Danaos (DAC) tends to benefit, medium confidence. Reason on file: Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container shipping) in this story
- GSL Global Ship Lease
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis,” Global Ship Lease (GSL) tends to benefit, medium confidence. Reason on file: Global Ship Lease (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “ports” (container shipping) in this story
No up or down call on file
- USO United States Oil Fund
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against 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 “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “ports” (container shipping) in this story
- KSA Ishares Msci Saudi Arabia Etf
For “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against 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”)
How energy news reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis,” the 2 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 “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
What this energy story puts on the calendar
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 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.
The energy score for United States Oil Fund (USO)
46 out of 100
“Saudi Strikes Hit Yemen’s Hodeidah Ports and Oil Facility as Riyadh Steps Up Campaign Against Houthis” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.