United States Oil Fund News - July 13, 2026
Iran Foreign Minister Supports Proposed 20% Strait of Hormuz Transit Fee
Iranian Foreign Minister Araghchi endorsed a proposal from President Trump to implement a 20% fee for commercial vessels transiting the Strait of Hormuz....
UAE Plans New Fujairah Port to Bypass Strait of Hormuz
The United Arab Emirates is moving forward with plans to construct a new container terminal and multipurpose port facility located on its eastern coastline....
🟢 USO is trading 3.4% up today on Middle East tensions and Hormuz disruption risks
USO is trading 3.4% up today as crude oil prices jump on renewed Middle East tensions and fresh disruption risks around the Strait of Hormuz. • Heightened...
Trump Declares US Control Over Strait of Hormuz as Brent Surpasses $79
President Trump announced that the United States is assuming control of the Strait of Hormuz. This declaration coincided with a significant movement in energy...
🟢 USO is trading 3.2% up today on escalating US–Iran tensions and Hormuz supply risks
USO is trading 3.2% higher in pre-market on July 13, 2026, tracking a sharp overnight jump in crude futures as US–Iran tensions escalate. • WTI crude prices...