Geopolitics Alpha

Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks

Published . Updated .

DEFENSE · RED SEASaudi, Turkish, PakistaniOfficials Set For Iran Talks AmidHouthi AttacksGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.2% 30d

    United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.

  • XLE Energy Select Sector SPDR+7.4% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF-6.7% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-10.9% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • TUR iShares MSCI Turkey ETF-22.7% 30d

    iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”).

  • FRO Frontline+4.7% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iran” (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 “iran” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO-3.36%-2.27%baseafter closeafter closeafter closeafter close
XLE-2.42%-2.96%baseafter closeafter closeafter closeafter close
BWETNo price data for this ticker———————
ITANo price data for this ticker———————
KSANo price data for this ticker———————
TURNo price data for this ticker———————
FRO-8.88%-7.19%baseafter closeafter closeafter closeafter close
DHT-5.02%-1.85%baseafter closeafter closeafter closeafter 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.

Market Call

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Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks Radio Free Europe/Radio Liberty

Source: Radio Free Europe/Radio Liberty

How United States Oil Fund (USO) moved across the last 14 defense stories

In the last 14 similar stories, United States Oil Fund (USO) moved an average of -0.18% the next day. The best was +2.25% and the worst was -0.68%, from 6 prices.

CompanyWhenAverageLargest gainLargest dropPrices
United States Oil Fund (USO)the next day-0.18%+2.25%-0.68%6
United States Oil Fund (USO)three days later+1.46%+5.37%+0.46%6
Select Sector Spdr Tr (XLE)the next day-0.02%+1.88%-0.41%13
Select Sector Spdr Tr (XLE)three days later+0.03%+2.40%-0.96%13

The price since 27 Oct 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
DHTthree days earlier-1.85%final price
DHTfive days earlier-5.02%final price
FROthree days earlier-7.19%final price
FROfive days earlier-8.88%final price
United States Oil Fund (USO)three days earlier-2.27%final price
United States Oil Fund (USO)five days earlier-3.36%final price
Select Sector Spdr Tr (XLE)three days earlier-2.96%final price
Select Sector Spdr Tr (XLE)five days earlier-2.42%final price

Trades by members of Congress and officials in the stocks in this story

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

Red Sea

Geopolitics Alpha has 76 stories about Red Sea from the past 7 days and 167 stories from the past 30. That is faster than its usual pace over the past month. “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks” is tagged to Red Sea.

Companies in defense around United States Oil Fund (USO)

Companies carried with this story

  • USO United States Oil Fund

    For “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” 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 “iran” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” 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 “iran” (oil) in this story

  • BWET Amplify Commodity Trust

    In “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” 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 “iran” (tanker shipping) in this story

  • ITA IShares U.S. Aerospace & Defense ETF

    In “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” 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 “iran” (defense) 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 27 Oct 2026 story “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks.” Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”)

  • TUR Ishares

    In “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”)

  • XOM ExxonMobil Holdings

    In “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” 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 “iran” (oil) in this story

  • CVX Chevron

    In “Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks,” 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 “iran” (oil) in this story

What Red Sea means for United States Oil Fund (USO)

“Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks” (27 Oct 2026) reaches United States Oil Fund (USO) through Red Sea.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

BWET traded between 788.51 and 1047.07 across 14 sessions. The latest close on file is 900.02. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 169.55. XLE traded between 60.95 and 69.72 across 20 sessions. The latest close on file is 69.32.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Saudi, Turkish, Pakistani Officials Set For Iran Talks Amid Houthi Attacks” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.