🟢 USO ETF (USO) is trading 3.3% up today as oil rebounds while traders reassess Middle East supply risks

USO ETF (USO) is trading at $149.01 (+3.3%) as oil prices rebound while traders reassess geopolitical supply risks following recent volatility.

• Crude prices are recovering from previous pressure tied to Iran de-escalation headlines as market participants weigh ongoing Middle East tensions and supply-side threats.
• The energy sector is currently outperforming a softer broader market, driven by overnight geopolitical news flow and momentum in oil futures.
• With no major U.S. economic data scheduled for today, Middle East developments and crude inventory expectations remain the primary market drivers.