Iran said four tankers struck mines in the Strait of Hormuz, while Yemen's Houthis claimed missile strikes on Saudi Arabia, adding pressure on two fronts. The IRGC said three tankers caught fire after striking mines on an "unauthorized southern route" near the Omani coast, and Iran's army said a fourth burned east of the strait. The UK Maritime Trade Operations agency reported a small boat attaching two explosive devices to a tanker about 25 nautical miles northeast of Khasab, Oman, causing an engine-room fire that disabled the vessel; the crew was safe. Meanwhile, Vice President JD Vance is seeking to reopen talks with Iran, and the U.S. is reportedly weighing renewed military action after the Nov. 3 midterm elections, raising fears that fighting could resume around the vote. Traffic through the strait has fallen to single-digit daily transits since the war began in late February.
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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: high
| Market | Gold |
|---|---|
| Close on 10/29/2026 | 4,021.63 |
| Change that session | -1.13% |
PAXG/USDT
▲ Likely positivePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/29/2026 | 4,014.37 |
| Change that session | -1.02% |
XAUT/USDT
▲ Likely positiveTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/29/2026 | 4,007.09 |
| Change that session | -1.03% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 715.33 |
| Change that session | -1.42% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 769.53 |
| Change that session | -0.36% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/29/2026 | 101.88 |
| Change that session | -0.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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