The Dow plunges 500 points as fears of renewed Middle East fighting send oil soaring
Published . Updated .
Blue chip stocks sold off on Friday as investors fretted over rising tensions between Iran and the US and looked ahead to the Fed's rate decision.
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline+1.4%
Tanker operators earn more when freight rates spike
- INSW International Seaways-1.4%
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund+4.9%
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR+3.8%
Energy companies move with Iran supply risk
- XOM Exxon Mobil+7.9%
Oil producers earn more when crude prices rise
- CVX Chevron+5.9%
Oil producers earn more when crude prices rise
- STNG Scorpio Tankers
Tanker operators earn more when freight rates spike
- DAL Delta Air Lines-0.8%
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FRONo price data for this ticker | — | — | — | — | — | — | — |
| INSWNo price data for this ticker | — | — | — | — | — | — | — |
| DHTNo price data for this ticker | — | — | — | — | — | — | — |
| TNKNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -0.46% | -1.11% | base | +3.60% | after close | after close | after close |
| XLE | +0.97% | +0.55% | base | +2.97% | after close | after close | after close |
| XOM | +0.46% | -0.17% | base | +2.82% | after close | after close | after close |
| CVX | -0.70% | -0.41% | base | +2.96% | after close | after close | after close |
| STNGNo price data for this ticker | — | — | — | — | — | — | — |
| DALNo 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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The Dow plunges 500 points as fears of renewed Middle East fighting send oil soaring Business Insider
Source: Business Insider
Middle East
| Company | When | Move | Status |
|---|---|---|---|
| COP | that day | +4.71% | still updating |
| COP | three days earlier | +0.19% | final price |
| COP | five days earlier | +0.58% | final price |
| CVX | that day | +2.96% | still updating |
| CVX | three days earlier | -0.41% | final price |
| CVX | five days earlier | -0.70% | final price |
| MPC | that day | +0.10% | still updating |
| MPC | three days earlier | +3.35% | final price |
| MPC | five days earlier | +4.10% | final price |
| OIH | that day | +5.23% | still updating |
| OIH | three days earlier | +2.09% | final price |
| OIH | five days earlier | +1.37% | final price |
| OXY | that day | +3.70% | still updating |
| OXY | three days earlier | +0.70% | final price |
| OXY | five days earlier | -0.16% | final price |
| USO | that day | +3.60% | still updating |
| USO | three days earlier | -1.11% | final price |
| USO | five days earlier | -0.46% | final price |
| VLO | that day | -0.32% | still updating |
| VLO | three days earlier | +1.77% | final price |
| VLO | five days earlier | +4.31% | final price |
| XLE | that day | +2.97% | still updating |
| XLE | three days earlier | +0.55% | final price |
| XLE | five days earlier | +0.97% | final price |
| XOM | that day | +2.82% | still updating |
| XOM | three days earlier | -0.17% | final price |
| XOM | five days earlier | +0.46% | final price |
| XOP | that day | +3.16% | still updating |
| XOP | three days earlier | +1.64% | final price |
| XOP | five days earlier | +1.81% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 53 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 84 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 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 51 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Chevron (CVX), worth $15,001 - $50,000 on 31 Jul 2026. That is 84 days before publication. Filed 22 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).
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