Geopolitics Alpha

Thick smoke at Tehran refinery caused by safety flaring, no fire reported

Published . Updated .

Covered by 3 outlets: ASHARQ AL-AWSAT English, Arab News PK, Arab News.

Key takeaways

  • Thick smoke and flames seen rising from Tehran's oil refinery on Sunday were caused by activation of its flare systems ‌after electrical ‌and technical problems, ‌the ⁠refinery's public relations ⁠office was reported as saying by the oil ministry's news outlet, Shana.
  • Exposed: CRAK, XLE, VLO, MPC, PSX
  • Market reaction: price tracking starts with the next trading session.

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Thick smoke at Tehran refinery caused by safety flaring, no fire reported

Thick smoke and flames seen rising from Tehran's oil refinery on Sunday were caused by activation of its flare systems ‌after electrical ‌and technical problems, ‌the ⁠refinery's public relations ⁠office was reported as saying by the oil ministry's news outlet, Shana. The

Directly affected

  • No company is named in this report.

Indirectly affected

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • USO United States Oil Fund-1.1% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • VLO Valero Energy-11.1% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • MPC Marathon Petroleum-5.2% 14d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • PSX Phillips 66-2.6% 30d

    Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRAK+9.70%+5.65%baseafter closeafter closeafter closeafter close
XLE+9.12%+3.08%baseafter closeafter closeafter closeafter close
USONo price data for this ticker———————
BWETNo price data for this ticker———————
VLO+10.15%+5.46%baseafter closeafter closeafter closeafter close
MPC+15.44%+5.26%baseafter closeafter closeafter closeafter close
PSX+11.98%+5.74%baseafter closeafter closeafter closeafter close
XOM+8.37%+2.16%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.

Thick Smoke at Tehran Refinery Caused by Safety Flaring, No Fire Reported ASHARQ AL-AWSAT English

Source: ASHARQ AL-AWSAT English

How far Vaneck Etf Trust (CRAK) has moved since 8 Nov 2026

CompanyWhenMoveStatus
Vaneck Etf Trust (CRAK)three days earlier+5.65%final price
Vaneck Etf Trust (CRAK)five days earlier+9.70%final price
Marathon Petroleum (MPC)three days earlier+5.26%final price
Marathon Petroleum (MPC)five days earlier+15.44%final price
Phillips 66 (PSX)three days earlier+5.74%final price
Phillips 66 (PSX)five days earlier+11.98%final price
Valero Energy (VLO)three days earlier+5.46%final price
Valero Energy (VLO)five days earlier+10.15%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

Congressional trades 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).

Vaneck Etf Trust (CRAK) on one side of this energy story

Companies mentioned with this story

  • CRAK Vaneck Etf Trust

    In “Thick smoke at Tehran refinery caused by safety flaring, no fire reported,” Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

  • XLE Select Sector Spdr Tr

    For “Thick smoke at Tehran refinery caused by safety flaring, no fire reported,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

  • VLO Valero Energy

    In “Thick smoke at Tehran refinery caused by safety flaring, no fire reported,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

  • MPC Marathon Petroleum

    For “Thick smoke at Tehran refinery caused by safety flaring, no fire reported,” Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence. Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

  • PSX Phillips 66

    For “Thick smoke at Tehran refinery caused by safety flaring, no fire reported,” Phillips 66 (PSX) is linked, with no stored direction, medium confidence. Reason on file: Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

  • XOM ExxonMobil Holdings

    In “Thick smoke at Tehran refinery caused by safety flaring, no fire reported,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

How energy news reaches Vaneck Etf Trust (CRAK)

The 8 Nov 2026 story “Thick smoke at Tehran refinery caused by safety flaring, no fire reported” names Vaneck Etf Trust (CRAK) because of Energy.

What ties Vaneck Etf Trust (CRAK) to the headline is this: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

Dates and price levels for Vaneck Etf Trust (CRAK)

VLO traded between 342.17 and 461.55 across 20 sessions. The latest close on file is 346.32. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

How strong the case is around Vaneck Etf Trust (CRAK)

62 out of 100

“Thick smoke at Tehran refinery caused by safety flaring, no fire reported” scores 62 out of 100. The score uses 3 sources, and 6 linked companies.