USO is trading at $108.72 (-3.11%) as crude oil prices show mixed movements following renewed U.S. strikes on Iran and retaliatory attacks, escalating geopolitical tensions in the Middle East. - The fund tracks near-month WTI futures, and while some crude contracts showed declines today, overall market sentiment remains driven by heightened supply concerns in the Strait of Hormuz. - Today’s decline marks a profit-taking reversal following a strong two-day run, including gains of +3.02% on July 8 and +4.38% on July 7, which were initially fueled by previous escalations.