Brent futures movements are affecting USO fund values, concurrent with Donald Trump targeting oil companies over price gouging.

The entities involved

• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• Brent →
  • ECB chair signals readiness to raise rates as potential attacks in Yemen drive oil price spikes and market risk-off.Mon 17:39
  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
• USO →

  Danish rapper

  Nothing else this week.

Related events

• US strikes in Iran on May 26 pushed Brent prices higher, affecting the Fed outlook and prompting diplomatic negotiations.Jun 7
• The American Petroleum Institute warned against policy moves that could harm the global economy, amidst a premium of over $95 per barrel for Brent crude, while calls opposed a ban on US diesel exports.Wed 20:45
• Trump rejected the peace plan from Iran, leading to increased tensions in the Middle East and affecting oil prices.Mon 02:41
• Trump's actions push crude oil prices above $75 after declaring Iran ceasefire over and threatening strikes.Jul 8
• Trump considers massive military attack on Iran, driving oil price surges and inflation reassessment.Jul 24