Geopolitics Alpha

US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels

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US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels ASHARQ AL-AWSAT English

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    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

    Tracks U.S. crude prices when Gulf supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with a Gulf supply scare

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO-4.17%-5.40%—+5.54%+5.19%+0.27%-6.36%
INSW-2.70%-2.49%—+3.69%+4.30%-1.00%-5.62%
DHT-3.33%-3.73%—+6.49%+7.83%+1.26%-4.87%
TNK———————
USO———————
XLE———————
LMT-0.61%-2.04%—+0.48%-1.13%+2.44%+4.55%
RTX———————
XOM———————
DAL+1.16%+0.99%—-2.50%-3.18%-6.69%-4.98%

US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels ASHARQ AL-AWSAT English

Source: ASHARQ AL-AWSAT English

Earlier energy stories for United States Brent Oil Fund (BNO): 9 cases

CompanyWhenAverageLargest gainLargest dropPrices
Vanguard World Fd (VDE)the next day+3.32%+3.32%+3.32%2
Vanguard World Fd (VDE)three days later+1.98%+1.98%+1.98%2

United States Brent Oil Fund (BNO) since this story, compared with the market

Since the first closing price after “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels,” United States Brent Oil Fund (BNO) is +3.06%. The S&P 500 fund (SPY) is -1.47% over the same days, a +4.53% difference versus the market. energy stocks (XLE) is +0.92%, a +2.14% difference versus that group of stocks.

CompanyWhenMoveStatus
DALthat day-2.50%final price
DALthe next day-3.18%final price
DALtwo days later-6.69%final price
DALthree days later-4.98%final price
DALthree days earlier+0.99%final price
DALfive days earlier+1.16%final price
DHTthat day+6.49%final price
DHTthe next day+7.83%final price
DHTtwo days later+1.26%final price
DHTthree days later-4.87%final price
DHTthree days earlier-3.73%final price
DHTfive days earlier-3.33%final price
FROthat day+5.54%final price
FROthe next day+5.19%final price
FROtwo days later+0.27%final price
FROthree days later-6.36%final price
FROthree days earlier-5.40%final price
FROfive days earlier-4.17%final price
INSWthat day+3.69%final price
INSWthe next day+4.30%final price
INSWtwo days later-1.00%final price
INSWthree days later-5.62%final price
INSWthree days earlier-2.49%final price
INSWfive days earlier-2.70%final price
LMTthat day+0.48%final price
LMTthe next day-1.13%final price
LMTtwo days later+2.44%final price
LMTthree days later+4.55%final price
LMTthree days earlier-2.04%final price
LMTfive days earlier-0.61%final price
BNO
SPY
XLE

How busy Strait of Hormuz has been lately

Strait of Hormuz has 195 linked stories in the last 7 days and 195 in the last 30 on the page that also carries “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels.” The recent pace is rising.

Who gains and who loses around United States Brent Oil Fund (BNO)

Companies tied to this story

  • BNO United States Brent Oil Fund

    In “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels,” United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • UGA United States Gasoline Fund

    In “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels,” United States Gasoline Fund (UGA) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    For “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • VDE Vanguard World Fd

    Vanguard World Fd (VDE) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • FENY

    In “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels,” FENY is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    In “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • IEZ Ishares U.S. Oil Equipment & Services Etf

    Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels.” Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

How energy news reaches United States Brent Oil Fund (BNO)

The 12 Oct 2026 story “US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels” names United States Brent Oil Fund (BNO) because of Strait of Hormuz.

For United States Brent Oil Fund (BNO), the reason on file says Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

A second company, United States Gasoline Fund (UGA), is listed for a different reason: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

Dates in the story, and the United States Brent Oil Fund (BNO) price range

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

How strong the case is around United States Brent Oil Fund (BNO)

46 out of 100

“US Energy Secretary: Oil Flows Through Hormuz Reach 80-90% of Pre-Conflict Levels” scores 46 out of 100. The score uses 1 sources, and 15 linked companies.