UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz
Published . Updated .
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This report is about oil and pipelines. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- AMLP Alerian MLP ETF-1.7% 30d
Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) 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.
- UAE iShares MSCI UAE ETF
iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“uae”).
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+9.6% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- OXY Occidental Petroleum+10.3% 18d
Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 | +5.38% | +6.75% | base | -8.03% | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | -4.79% | after close | after close | after close |
| AMLPNo price data for this ticker | — | — | — | — | — | — | — |
| BWET | +7.18% | +11.56% | base | -15.67% | after close | after close | after close |
| UAE | +1.46% | -1.35% | base | +5.00% | after close | after close | after close |
| XOM | +2.57% | +5.49% | base | -4.52% | after close | after close | after close |
| CVX | +1.76% | +4.58% | base | -3.71% | after close | after close | after close |
| OXY | +4.03% | +5.88% | base | -5.14% | 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.
UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz Rigzone
Source: Rigzone
What happened to United States Oil Fund (USO) the last 17 times Strait of Hormuz was in the news
United States Oil Fund (USO) the next day, across 17 earlier stories: average +1.83%, largest gain +3.26%, largest drop +0.26%, from 17 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +1.83% | +3.26% | +0.26% | 17 |
| United States Oil Fund (USO) | three days later | -3.36% | +6.12% | -5.11% | 15 |
| Select Sector Spdr Tr (XLE) | the next day | +1.26% | +3.24% | -1.69% | 17 |
| Select Sector Spdr Tr (XLE) | three days later | -1.16% | +2.27% | -2.57% | 13 |
| Amplify Commodity Trust (BWET) | the next day | +4.05% | +4.46% | +0.48% | 15 |
| Amplify Commodity Trust (BWET) | three days later | -1.54% | +4.59% | -6.70% | 15 |
- Iran’s Military Says Oil Tanker Caught Fire After Striking Mine Near Strait Of Hormuz: 7 outlets compared
- Iran Sanctions Sinokor Vessels Over Hormuz Transit Dominance From November
- CHARTED: Oil Trade Through the Strait of Hormuz by Country – Visual Capitalist
- Equinor Sees Tight Winter LNG Market as Hormuz Flows Remain Limited
- Iran threatens South Korean shipping group over Hormuz transits
- Hormuz oil spill forces closure of UAE beaches
United States Oil Fund (USO) compared with energy stocks (XLE) since 4 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -15.67% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +11.56% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +7.18% | final price |
| Chevron (CVX) | that day | -3.71% | final price |
| Chevron (CVX) | three days earlier | +4.58% | final price |
| Chevron (CVX) | five days earlier | +1.76% | final price |
| OXY | that day | -5.14% | final price |
| OXY | three days earlier | +5.88% | final price |
| OXY | five days earlier | +4.03% | final price |
| Ishares Tr (UAE) | that day | +5.00% | final price |
| Ishares Tr (UAE) | three days earlier | -1.35% | final price |
| Ishares Tr (UAE) | five days earlier | +1.46% | final price |
| United States Oil Fund (USO) | that day | -8.03% | final price |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +5.38% | final price |
| Select Sector Spdr Tr (XLE) | that day | -4.79% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +4.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.64% | final price |
| ExxonMobil Holdings (XOM) | that day | -4.52% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +5.49% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +2.57% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 21 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 65 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 21 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 42 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 63 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 75 days before publication. Filed 8 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).
Where “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz” sits: Strait of Hormuz
Geopolitics Alpha has 197 stories about Strait of Hormuz from the past 7 days and 514 stories from the past 30. That is faster than its usual pace over the past month. “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz” is tagged to Strait of Hormuz.
Who gains and who loses around United States Oil Fund (USO)
The side that tends to collect
- XOM ExxonMobil Holdings
In “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz,” 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 “oil” (oil) in this story
- CVX Chevron
Chevron (CVX) tends to benefit, medium confidence in the 4 Nov 2026 story “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
No up or down call on file
- USO United States Oil Fund
For “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz,” 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 “oil” (oil) in this story
- XLE Select Sector Spdr Tr
For “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz,” 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 “oil” (oil) in this story
- AMLP Alps Etf Tr
Alps Etf Tr (AMLP) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz.” Reason on file: Alerian MLP ETF: it holds pipeline operators. Linked by “pipeline” (pipelines) in this story
- BWET Amplify Commodity Trust
For “UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz,” 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 “oil” (tanker shipping) in this story
How a Strait of Hormuz shock reaches United States Oil Fund (USO)
“UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz” (4 Nov 2026) reaches United States Oil Fund (USO) through Strait of Hormuz.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and price levels for United States Oil Fund (USO)
AMLP traded between 51.55 and 54.20 across 20 sessions. The latest close on file is 52.75. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for United States Oil Fund (USO)
54 out of 100
“UAE Mulls 3rd Crude Oil Pipeline to Avoid Hormuz” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.