USO is trading at $147.82, down 3.44%, as reports of a proposed seven-day U.S.-Iran plan to reopen the Strait of Hormuz ease fears of prolonged supply disruptions.
- On September 25, 2026, Brent fell toward $105 and WTI toward $93 as markets weighed diplomatic progress against continued Middle East attacks.
- The sector-wide decline is primarily geopolitical, not company-specific, and reverses part of oil’s prior two-session gains.
- A surprise U.S. crude-inventory build added bearish pressure; fading breakthrough hopes had pushed prices higher.