Geopolitics Alpha

Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile

Published . Updated .

ENERGY · RED SEAYemen's Houthis say they hit SaudiRas Tanura oil refinery withmissileGEOPOLITICS ALPHA

This report is about oil and refining.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+2.7% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+5.6% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (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.

  • ITA iShares U.S. Aerospace & Defense ETF-3.2% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “missile” (defense) in this story.

  • KSA iShares MSCI Saudi Arabia ETF-9.1% 30d

    iShares MSCI Saudi Arabia ETF holds stocks listed in Saudi Arabia, which this story is about (“saudi”).

  • XOM ExxonMobil Holdings+11.8% 12d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • VLO Valero Energy+11.5% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • CVX Chevron+6.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USONo price data for this ticker———————
XLENo price data for this ticker———————
CRAKNo price data for this ticker———————
ITANo price data for this ticker———————
KSANo price data for this ticker———————
XOM-3.61%-3.44%base-1.15%after closeafter closeafter close
VLONo price data for this ticker———————
CVX-2.74%-2.34%base-1.10%after closeafter closeafter 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

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Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile Reuters

Source: Reuters

How United States Oil Fund (USO) moved after the last 17 energy shocks

Those 17 earlier stories put United States Oil Fund (USO) at an average move of -0.66% the next day. Largest gain -0.66%, largest drop -0.66%, from 6 prices.

CompanyWhenAverageLargest gainLargest dropPrices
United States Oil Fund (USO)the next day-0.66%-0.66%-0.66%6
United States Oil Fund (USO)three days later+0.46%+0.46%+0.46%6
Select Sector Spdr Tr (XLE)the next day-0.41%-0.41%-0.41%15
Select Sector Spdr Tr (XLE)three days later-0.96%-0.96%-0.96%15

The price since 27 Oct 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Chevron (CVX)that day-1.10%still updating
Chevron (CVX)three days earlier-2.34%final price
Chevron (CVX)five days earlier-2.74%final price
ExxonMobil Holdings (XOM)that day-1.15%still updating
ExxonMobil Holdings (XOM)three days earlier-3.44%final price
ExxonMobil Holdings (XOM)five days earlier-3.61%final price

Trades by members of Congress and officials in the stocks in this story

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).

How busy Red Sea has been lately

Red Sea

Geopolitics Alpha has 84 stories about Red Sea from the past 7 days and 179 stories from the past 30. That is faster than its usual pace over the past month. “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile” is tagged to Red Sea.

Who gains and who pays if Red Sea stays in the story

Companies mentioned with this story

  • USO United States Oil Fund

    For “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” 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

    In “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” 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

  • CRAK Vaneck Etf Trust

    In “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” 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

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” 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 “missile” (defense) in this story

  • KSA Ishares Msci Saudi Arabia Etf

    In “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” 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 (“saudi”)

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • VLO Valero Energy

    In “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” 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

  • CVX Chevron

    For “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

How energy news reaches United States Oil Fund (USO)

The 27 Oct 2026 story “Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile” names United States Oil Fund (USO) because of Red Sea.

United States Oil Fund (USO) is on the page because 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

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 166.26. XLE traded between 60.95 and 69.86 across 20 sessions. The latest close on file is 69.64.

A simple score for United States Oil Fund (USO)

46 out of 100Price not final

“Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.