Geopolitics Alpha

China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record

Published . Updated .

China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record South China Morning Post

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Tracks U.S. crude prices when Gulf supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with a Gulf supply scare

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
LMT———————
XOM———————
RTX———————
DAL———————

China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record South China Morning Post

Source: South China Morning Post

Strait of Hormuz

SPY
XLE

The Strait of Hormuz count beside this story

Strait of Hormuz has 198 linked stories in the last 7 days and 198 in the last 30 on the page that also carries “China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record” scores 12 out of 100. The score uses 1 sources.