USO is trading 3.2% up today on September 14, 2026, as attacks force the temporary closure of Saudi Arabia’s East-West pipeline, intensifying supply fears.
- Route can bypass the Strait of Hormuz and represents up to 4% of global supply.
- Fresh strikes on Saudi infrastructure and Iranian attacks on Gulf shipping intensified disruption fears; postponed Iran-Gulf talks reduced hopes for near-term de-escalation.
- WTI and Brent gained roughly 3%; USO followed crude higher, not a fund-specific development.