3rd oil tanker catches fire on Hormuz Strait: IRGC Navy
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TEHRAN, Nov. 08 (MNA) – The Navy Force of the Islamic Revolutionary Guards Corps (IRGC) has announced three oil tankers exploded and caught fire early this morning while attempting to navigate an unauthorized route through the Strait of Hormuz.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story.
- FRO Frontline+1.0% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- TNK Teekay Tankers
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- INSW International Seaways-10.8% 16d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| ITA | +3.67% | +2.77% | base | after close | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | after close | after close | after close | after close |
| TNK | +11.16% | +3.34% | base | after close | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | after close | after close | after close | after close |
| INSW | +7.59% | +1.40% | base | after close | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
3rd oil tanker catches fire on Hormuz Strait: IRGC Navy Mehr News Agency
Source: Mehr News Agency
Earlier energy stories for Amplify Commodity Trust (BWET): 13 cases
Across 13 earlier stories, Amplify Commodity Trust (BWET) the next day averaged -7.45%. The largest gain was -2.78% and the largest drop was -10.37%, from 13 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Amplify Commodity Trust (BWET) | the next day | -7.45% | -2.78% | -10.37% | 13 |
| Amplify Commodity Trust (BWET) | three days later | -26.64% | -24.41% | -28.03% | 13 |
| United States Oil Fund (USO) | the next day | -6.52% | -6.32% | -6.80% | 12 |
| United States Oil Fund (USO) | three days later | -12.63% | -12.25% | -13.51% | 10 |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | +2.16% | +3.18% | +0.11% | 6 |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days later | -1.99% | -0.77% | -2.60% | 6 |
| Frontline (FRO) | the next day | -7.79% | -7.77% | -7.80% | 13 |
| Frontline (FRO) | three days later | -18.68% | -15.01% | -20.52% | 12 |
- Iran says 3 oil tankers hit mines in Strait of Hormuz
- Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz
- IRGC Navy: Fourth Oil Tanker Explodes in Strait of Hormuz
- Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks
- Tanker in Strait of Hormuz hit by limpet mines, security sources say
- IRGC Claims Third Tanker Exploded by Sea Mine in Strait of Hormuz
Price since this story was published: Amplify Commodity Trust (BWET)
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| DHT Holdings (DHT) | three days earlier | +6.67% | final price |
| DHT Holdings (DHT) | five days earlier | +15.43% | final price |
| Frontline (FRO) | three days earlier | +6.76% | final price |
| Frontline (FRO) | five days earlier | +14.63% | final price |
| International Seaways (INSW) | three days earlier | +1.40% | final price |
| International Seaways (INSW) | five days earlier | +7.59% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | +2.77% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +3.67% | final price |
| Teekay Tankers (TNK) | three days earlier | +3.34% | final price |
| Teekay Tankers (TNK) | five days earlier | +11.16% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Congressional stock trades in Amplify Commodity Trust (BWET)
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 25 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 69 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Strait of Hormuz on the map for this story
Geopolitics Alpha has 159 stories about Strait of Hormuz from the past 7 days and 606 stories from the past 30. That is about its usual pace over the past month. “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy” is tagged to Strait of Hormuz.
Amplify Commodity Trust (BWET) on one side of this energy story
Companies that tend to gain
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 8 Nov 2026 story “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy.” Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- DHT DHT Holdings
For “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy,” DHT Holdings (DHT) tends to benefit, medium confidence. Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- INSW International Seaways
International Seaways (INSW) tends to benefit, medium confidence in the 8 Nov 2026 story “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy.” Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- TNK Teekay Tankers
In “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy,” Teekay Tankers (TNK) tends to benefit, medium confidence. Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
No up or down call on file
- BWET Amplify Commodity Trust
For “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- USO United States Oil Fund
For “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- ITA IShares U.S. Aerospace & Defense ETF
For “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story
- XOM ExxonMobil Holdings
In “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
From Strait of Hormuz to Amplify Commodity Trust (BWET)
On 8 Nov 2026, “3rd oil tanker catches fire on Hormuz Strait: IRGC Navy” is the story that connects Amplify Commodity Trust (BWET) to Strait of Hormuz.
For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
A second company, United States Oil Fund (USO), is listed for a different reason: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
The price range for Amplify Commodity Trust (BWET), and the dates in the story
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41.
A simple score for Amplify Commodity Trust (BWET)
46 out of 100
“3rd oil tanker catches fire on Hormuz Strait: IRGC Navy” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.