Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says
Published . Updated .
Shipping through the Strait of Hormuz remains 70 percent below pre-conflict levels, with vessels continuing to face attacks, navigation interference and security risks across the Gulf, according to a weekly assessment by the UK Maritime Trade Operations (UKMTO).
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 shipping freight. Linked by “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund+9.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “hormuz” (oil) in this story.
- EWU iShares MSCI United Kingdom ETF-2.3% 30d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”).
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- KEX Kirby+5.3% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container 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 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| EWUNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | +4.03% | +4.49% | base | after close | after close | after close | after close |
| MATXNo price data for this ticker | — | — | — | — | — | — | — |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
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.
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Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says Middle East Eye
Source: Middle East Eye
Earlier defense stories for Amplify Commodity Trust (BWET): 13 cases
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +4.26% | +6.10% | +2.68% | 13 |
| United States Oil Fund (USO) | three days later | +2.41% | +2.58% | +2.22% | 13 |
- Iran Says 7 Oil Tankers Attacked in Strait of Hormuz
- Qatar locks in US LNG through 2054 as it looks beyond Hormuz
- Iran: 7 ships hit in the Strait of Hormuz
- Strait of Hormuz Oil Tankers Hit: New Risks for U.S. Farmers
- Oil shipping through Strait of Hormuz
- Oil prices increase as 7 tankers reported damaged in Hormuz
The price since 31 Oct 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | +4.49% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | +4.03% | final price |
Congressional trades in Amplify Commodity Trust (BWET) around 31 Oct 2026
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 17 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 61 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 153 stories about Strait of Hormuz from the past 7 days and 412 stories from the past 30. That is faster than its usual pace over the past month. “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says” is tagged to Strait of Hormuz.
Who gains and who pays if Strait of Hormuz stays in the story
The side that tends to collect
- XOM ExxonMobil Holdings
For “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: Oil producers earn more when crude prices rise. Linked by “hormuz” in this story
No up or down call on file
- BWET Amplify Commodity Trust
For “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
- IYT Ishares Tr
Ishares Tr (IYT) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says.” Reason on file: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says.” Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
- USO United States Oil Fund
For “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says,” 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 “hormuz” (oil) in this story
What Strait of Hormuz means for Amplify Commodity Trust (BWET)
The 31 Oct 2026 story “Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says” names Amplify Commodity Trust (BWET) because of Strait of Hormuz.
Amplify Commodity Trust (BWET) is on the page because Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
Ishares Tr (IYT) is here too. Its reason reads: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
Dates in the story, and the Amplify Commodity Trust (BWET) price range
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 215.76 across 20 sessions. The latest close on file is 214.50.
The defense score for Amplify Commodity Trust (BWET)
46 out of 100
“Hormuz shipping traffic remains 70% below pre-war levels, UKMTO says” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.