Why the USO oil ETF is a better buy than crude futures as the Iran war rages
Reported by MarketWatch · marketwatch.com · July 29, 2026
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.
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What to watch: This report cites a concrete figure (58%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $USO -1.80%
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