EU naval forces board Russian shadow fleet tanker sailing under false flag in Mediterranean as new sanctions loom
Published . Updated .
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EU naval forces boarded the suspected Russian shadow fleet tanker MV MIDAG in the Mediterranean and confirmed it was sailing under a false flag, as the bloc prepares new sanctions.
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 “russian” (oil) in this story.
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “russian” (natural gas) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).
- FRO Frontline+0.8% 30d
Frontline (deep sea foreign transportation of freight, with business in Europe): 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-4.9% 30d
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
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) 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 | -5.09% | -10.82% | base | after close | after close | after close | after close |
| USO | -2.03% | -2.82% | base | after close | after close | after close | after close |
| UNG | -0.59% | +0.69% | base | after close | after close | after close | after close |
| VGK | +1.06% | +0.47% | base | after close | after close | after close | after close |
| FRO | -5.72% | -2.93% | base | after close | after close | after close | after close |
| DHT | -7.51% | -3.06% | base | after close | after close | after close | after close |
| INSW | -8.19% | -3.57% | base | after close | after close | after close | after close |
| TNK | -4.67% | -0.26% | 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.
EU naval forces board Russian shadow fleet tanker sailing under false flag in Mediterranean as new sanctions loom Euromaidan Press
Source: Euromaidan Press
Energy
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | -10.82% | final price |
| BWET | five days earlier | -5.09% | final price |
| DHT | three days earlier | -3.06% | final price |
| DHT | five days earlier | -7.51% | final price |
| FRO | three days earlier | -2.93% | final price |
| FRO | five days earlier | -5.72% | final price |
| INSW | three days earlier | -3.57% | final price |
| INSW | five days earlier | -8.19% | final price |
| TNK | three days earlier | -0.26% | final price |
| TNK | five days earlier | -4.67% | final price |
| UNG | three days earlier | +0.69% | final price |
| UNG | five days earlier | -0.59% | final price |
| USO | three days earlier | -2.82% | final price |
| USO | five days earlier | -2.03% | final price |
| VGK | three days earlier | +0.47% | final price |
| VGK | five days earlier | +1.06% | final price |
How solid the energy case looks
12 out of 100
“EU naval forces board Russian shadow fleet tanker sailing under false flag in Mediterranean as new sanctions loom” scores 12 out of 100. The score uses 1 sources.