U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP
Published . Updated .
A U.S. official says the U.S. has conducted defensive strikes on some Iranian targets in the Strait of Hormuz. Iranian state television reported that explosions were heard on Qeshm Island.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “iranian” (oil) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “iranian” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iranian” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iranian” (defense) in this story.
- XOM ExxonMobil Holdings+10.6% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iranian” (oil) in this story.
- FRO Frontline+14.2% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iranian” (tanker shipping) in this story.
- INSW International Seaways+1.7% 11d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iranian” (tanker shipping) in this story.
- LMT Lockheed Martin+19.0% 30d
Defense contractors get more work when conflict spending rises. Linked by “iranian + strike” in this story
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.37% | +7.30% | base | after close | after close | after close | after close |
| XLE | +1.44% | +2.16% | base | after close | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| XOM | +0.06% | +1.89% | base | after close | after close | after close | after close |
| FRO | +3.34% | +8.65% | base | after close | after close | after close | after close |
| INSW | +5.42% | +7.55% | base | after close | after close | after close | after close |
| LMT | -3.13% | +0.07% | base | after close | after close | after close | after 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
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP PBS
Source: PBS
How United States Oil Fund (USO) moved across the last 16 shipping stories
United States Oil Fund (USO) the next day, across 16 earlier stories: average -3.69%, largest gain -3.69%, largest drop -3.69%, from 16 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -3.69% | -3.69% | -3.69% | 16 |
| United States Oil Fund (USO) | three days later | -1.37% | -1.37% | -1.37% | 16 |
| Select Sector Spdr Tr (XLE) | the next day | -1.51% | -1.51% | -1.51% | 16 |
| Select Sector Spdr Tr (XLE) | three days later | -0.87% | -0.87% | -0.87% | 16 |
- Adnoc Gas Exploring New LNG Export Plant to Avoid Hormuz
- Hormuz Negotiations Between Iran and US Stall as Oil Remains Above $116
- Shafaq News..Hormuz shutdown could slash Iraq's oil revenues 80%
- U.S. Central Command says Strait of Hormuz shipping routes remain clear of Iranian mines
- CENTCOM Chief Brad Cooper flies over Hormuz during Middle East visit
- More than 95% of ships navigate Strait of Hormuz safely despite Iranian 'aggression,' US military says
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Frontline (FRO) | three days earlier | +8.65% | final price |
| Frontline (FRO) | five days earlier | +3.34% | final price |
| International Seaways (INSW) | three days earlier | +7.55% | final price |
| International Seaways (INSW) | five days earlier | +5.42% | final price |
| Lockheed Martin (LMT) | three days earlier | +0.07% | final price |
| Lockheed Martin (LMT) | five days earlier | -3.13% | final price |
| United States Oil Fund (USO) | three days earlier | +7.30% | final price |
| United States Oil Fund (USO) | five days earlier | +4.37% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +2.16% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +1.44% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +1.89% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +0.06% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 20 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 64 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 41 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 47 days before publication. Filed 13 Oct 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).
Strait of Hormuz, seven days against thirty
Geopolitics Alpha has 183 stories about Strait of Hormuz from the past 7 days and 482 stories from the past 30. That is faster than its usual pace over the past month. “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP” is tagged to Strait of Hormuz.
Who gains and who loses around United States Oil Fund (USO)
Likely winners
- XOM ExxonMobil Holdings
In “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iranian” (oil) in this story
- FRO Frontline
In “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iranian” (tanker shipping) in this story
- INSW International Seaways
For “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” International Seaways (INSW) tends to benefit, medium confidence. Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iranian” (tanker shipping) in this story
- LMT Lockheed Martin
In “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” Lockheed Martin (LMT) tends to benefit, medium confidence. Reason on file: Defense contractors get more work when conflict spending rises. Linked by “iranian + strike” in this story
No up or down call on file
- USO United States Oil Fund
For “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” 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 “iranian” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “iranian” (oil) in this story
- BWET Amplify Commodity Trust
In “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” 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 “iranian” (tanker shipping) in this story
- ITA IShares U.S. Aerospace & Defense ETF
In “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” 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 “iranian” (defense) in this story
How shipping news reaches United States Oil Fund (USO)
United States Oil Fund (USO) is the company in “U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP,” the 3 Nov 2026 Strait of Hormuz story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “iranian” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “iranian” (oil) in this story
Price levels for United States Oil Fund (USO)
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.
How solid the shipping case looks
46 out of 100
“U.S. strikes Iranian targets in Strait of Hormuz, U.S. official tells AP” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.