Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock
Published . Updated .
This report is about oil and refining.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story.
- 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.
- BWET Breakwave Tanker Shipping ETF
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “houthi” (tanker shipping) in this story.
- EIS iShares MSCI Israel ETF
iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israel”).
- KSA iShares MSCI Saudi Arabia ETF
iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“aramco”).
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story.
- VLO Valero Energy
Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USONo price data for this ticker | — | — | — | — | — | — | — |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| CRAKNo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| EISNo price data for this ticker | — | — | — | — | — | — | — |
| KSANo price data for this ticker | — | — | — | — | — | — | — |
| XOM | -1.00% | +1.85% | base | after close | after close | after close | after close |
| VLONo price data for this ticker | — | — | — | — | — | — | — |
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
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Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock Bloomberg.com
Source: Bloomberg
Earlier energy stories for United States Oil Fund (USO): 14 cases
United States Oil Fund (USO) the next day, across 14 earlier stories: average -0.67%, largest gain -0.66%, largest drop -0.68%, from 4 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -0.67% | -0.66% | -0.68% | 4 |
| United States Oil Fund (USO) | three days later | +2.92% | +5.37% | +0.46% | 4 |
| Select Sector Spdr Tr (XLE) | the next day | -0.02% | +0.52% | -0.41% | 12 |
| Select Sector Spdr Tr (XLE) | three days later | +0.37% | +2.23% | -0.96% | 12 |
- Oil near $110 after Houthi attack claims and Iranian threats
- Crude closes mixed after Houthis claim more attacks on Saudi airports, oil facilities (USO:NYSEARCA)
- NNN Explains: Saudi-Houthi Conflict
- Oil reverses course higher after US and Houthi attacks
- Oil prices rise as fresh Houthi strikes on Saudi targets rattle nerves
- Brent crude edges lower, even after Houthi attacks on Saudi infrastructure
How far United States Oil Fund (USO) has moved since 28 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| ExxonMobil Holdings (XOM) | three days earlier | +1.85% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.00% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 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).
The Red Sea count beside this story
Geopolitics Alpha has 92 stories about Red Sea from the past 7 days and 193 stories from the past 30. That is faster than its usual pace over the past month. “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock” is tagged to Red Sea.
Who gains and who loses around United States Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
In “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” 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 “aramco” (oil) in this story
- XLE Select Sector Spdr Tr
In “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” 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 “aramco” (oil) in this story
- CRAK Vaneck Etf Trust
In “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” 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
- BWET Amplify Commodity Trust
For “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” 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 “houthi” (tanker shipping) in this story
- EIS Ishares
For “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” Ishares (EIS) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Israel ETF holds stocks listed in Israel, which this story is about (“israel”)
- KSA Ishares Msci Saudi Arabia Etf
In “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” Ishares Msci Saudi Arabia Etf (KSA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“aramco”)
- XOM ExxonMobil Holdings
For “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “aramco” (oil) in this story
- VLO Valero Energy
In “Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock,” 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
How a Red Sea shock reaches United States Oil Fund (USO)
“Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock” (28 Oct 2026) reaches United States Oil Fund (USO) through Red Sea.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “aramco” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “aramco” (oil) in this story
The price range for United States Oil Fund (USO), and the dates in the story
USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 163.62. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.23.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“Watch Houthi Strike Hits Aramco Refinery as Israel Election Ends in Deadlock” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.