Trump says Houthis trying to drive up oil prices ahead of US midterm elections
Published . Updated .
Trump says Houthis trying to drive up oil prices ahead of US midterm elections Reuters
Directly affected
- No company is named in this report.
Indirectly affected
- ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
- MATX Matson
Container lines are exposed when a shipping lane is disrupted
- DAC Danaos
Ship owners earn more when vessels are tied up longer
- GSL Global Ship Lease
Ship owners earn more when vessels are tied up longer
- SBLK Star Bulk Carriers
Dry-bulk carriers move with commodity shipping demand
- GOGL Golden Ocean
Dry-bulk carriers move with commodity shipping demand
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- FRO Frontline
Longer voyages raise tanker earnings when ships avoid the Red Sea
- XLE Energy Select Sector SPDR
Energy prices move when a shipping lane is disrupted
Price reaction, T-5 to T+3
Trump says Houthis trying to drive up oil prices ahead of US midterm elections Reuters
Source: Reuters
What happened to United States Oil Fund (USO) the last 13 times Red Sea was in the news
Across 13 earlier stories, United States Oil Fund (USO) the next day averaged +3.26%. The largest gain was +3.26% and the largest drop was +3.26%, from 1 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +3.26% | +3.26% | +3.26% | 1 |
| United States Oil Fund (USO) | three days later | +6.12% | +6.12% | +6.12% | 1 |
| Select Sector Spdr Tr (XLE) | the next day | +2.77% | +3.24% | +2.41% | 13 |
| Select Sector Spdr Tr (XLE) | three days later | +3.34% | +6.00% | +2.27% | 13 |
- Oil tops $105 as Houthi attacks on Saudi Arabia raise inflation fears
- Oil tops $105 as Houthi attacks on Saudi Arabia raise inflation fears (CO1:COM:Commodity)
- Attacks by Houthis on Saudi airports highlight widening fallout from Yemen conflict
- Jordan Condemns Houthi Attacks on Saudi Airports That Killed Three
- Saudi minister vows 'serious response' to Houthi attacks on airports
- Oil prices spike after Houthi attacks on Saudi airports
United States Oil Fund (USO) compared with energy stocks (XLE) since 13 Oct 2026
Since the first closing price after “Trump says Houthis trying to drive up oil prices ahead of US midterm elections,” United States Oil Fund (USO) is +4.67%. The S&P 500 fund (SPY) is -0.40% over the same days, a +5.06% difference versus the market. energy stocks (XLE) is +0.27%, a +4.40% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | +1.30% | final price |
| CVX | the next day | +3.29% | final price |
| CVX | two days later | +2.02% | final price |
| CVX | three days later | +4.63% | final price |
| CVX | three days earlier | -1.61% | final price |
| CVX | five days earlier | -3.45% | final price |
| DAC | that day | -2.61% | final price |
| DAC | the next day | -4.21% | final price |
| DAC | two days later | -6.00% | final price |
| DAC | three days later | -6.72% | final price |
| DAC | three days earlier | +0.47% | final price |
| DAC | five days earlier | -1.90% | final price |
| FRO | that day | -0.34% | final price |
| FRO | the next day | -5.00% | final price |
| FRO | two days later | -11.28% | final price |
| FRO | three days later | -11.40% | final price |
| FRO | three days earlier | -5.02% | final price |
| FRO | five days earlier | -10.86% | final price |
| GOGL | that day | 0.00% | final price |
| GOGL | the next day | 0.00% | final price |
| GOGL | two days later | 0.00% | final price |
| GOGL | three days later | 0.00% | final price |
| GOGL | three days earlier | 0.00% | final price |
| GOGL | five days earlier | 0.00% | final price |
| GSL | that day | -0.12% | final price |
| GSL | the next day | -4.86% | final price |
| GSL | two days later | -7.24% | final price |
| GSL | three days later | -8.79% | final price |
| GSL | three days earlier | +0.38% | final price |
| GSL | five days earlier | +0.44% | final price |
Official trades in United States Oil Fund (USO) around 13 Oct 2026
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).
Where this story sits: Red Sea
Red Sea has 101 linked stories in the last 7 days and 101 in the last 30 on the page that also carries “Trump says Houthis trying to drive up oil prices ahead of US midterm elections.” The recent pace is rising.
Who collects and who pays in energy
Companies carried with this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “Trump says Houthis trying to drive up oil prices ahead of US midterm elections.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “Trump says Houthis trying to drive up oil prices ahead of US midterm elections.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, high confidence in the 13 Oct 2026 story “Trump says Houthis trying to drive up oil prices ahead of US midterm elections.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Trump says Houthis trying to drive up oil prices ahead of US midterm elections,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
- AEIS Advanced Energy Industries
Advanced Energy Industries (AEIS) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Trump says Houthis trying to drive up oil prices ahead of US midterm elections.” Reason on file: GA selected AEIS as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AMPY Amplify Energy
In “Trump says Houthis trying to drive up oil prices ahead of US midterm elections,” Amplify Energy (AMPY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AMPY as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ATO Atmos Energy
In “Trump says Houthis trying to drive up oil prices ahead of US midterm elections,” Atmos Energy (ATO) is linked, with no stored direction, medium confidence. Reason on file: GA selected ATO as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BE Bloom Energy
In “Trump says Houthis trying to drive up oil prices ahead of US midterm elections,” Bloom Energy (BE) is linked, with no stored direction, medium confidence. Reason on file: GA selected BE as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How energy news reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “Trump says Houthis trying to drive up oil prices ahead of US midterm elections,” the 13 Oct 2026 Red Sea story.
For United States Oil Fund (USO), the reason on file says Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Also listed, United States Brent Oil Fund (BNO): Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
Dates in the story, and the United States Oil Fund (USO) price range
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. USO traded between 141.82 and 162.99 across 20 sessions. The latest close on file is 160.80. XLE traded between 60.95 and 68.51 across 20 sessions. The latest close on file is 67.80.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“Trump says Houthis trying to drive up oil prices ahead of US midterm elections” scores 46 out of 100. The score uses 1 sources, and 10 linked companies.