Why the USO oil ETF is a better buy than crude futures as the Iran war rages
Original Report
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.
Glass House Analysis
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Microsoft jumps 7% as it boosts capital spending plans, citing demand
Microsoft sees positive free cash flow for the new fiscal year as it changes accounting for data centers and office buildings.
Fed’s Warsh Rebuked by Investors Craving a Real Inflation Fight
Kevin Warsh’s bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with...
Meta's stock drops on disappointing guidance, dwindling free cash flow
Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.
What a divided Fed means for investors
Wall Street has a clear takeaway from this week's Federal Reserve decision: A hike is likely on the horizon.