Hormuz shuttles keep oil flowing, but at a high cost: Bousso
Published . Updated .
Hormuz shuttles keep oil flowing, but at a high cost: Bousso BOE Report
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
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- STNG Scorpio Tankers
Tanker operators earn more when freight rates spike
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
Hormuz shuttles keep oil flowing, but at a high cost: Bousso BOE Report
Source: BOE Report
The price since 21 Sep 2026: United States Brent Oil Fund (BNO) versus the S&P 500
Since the first closing price after “Hormuz shuttles keep oil flowing, but at a high cost: Bousso,” United States Brent Oil Fund (BNO) is +15.89%. The S&P 500 fund (SPY) is -0.88% over the same days, a +16.77% difference versus the market. energy stocks (XLE) is +9.77%, a +6.12% difference versus that group of stocks.
Strait of Hormuz, seven days against thirty
Strait of Hormuz has 195 linked stories in the last 7 days and 195 in the last 30 on the page that also carries “Hormuz shuttles keep oil flowing, but at a high cost: Bousso.” The recent pace is rising.
Companies in energy around United States Brent Oil Fund (BNO)
Companies tied to this story
- BNO United States Brent Oil Fund
United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Hormuz shuttles keep oil flowing, but at a high cost: Bousso.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- UGA United States Gasoline Fund
In “Hormuz shuttles keep oil flowing, but at a high cost: Bousso,” United States Gasoline Fund (UGA) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- GSG iShares S&P GSCI Commodity-Indexed Trust
iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Hormuz shuttles keep oil flowing, but at a high cost: Bousso.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- VDE Vanguard World Fd
In “Hormuz shuttles keep oil flowing, but at a high cost: Bousso,” Vanguard World Fd (VDE) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- FENY
FENY is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Hormuz shuttles keep oil flowing, but at a high cost: Bousso.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- IEZ Ishares U.S. Oil Equipment & Services Etf
Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Hormuz shuttles keep oil flowing, but at a high cost: Bousso.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf
In “Hormuz shuttles keep oil flowing, but at a high cost: Bousso,” State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
- USO United States Oil Fund
For “Hormuz shuttles keep oil flowing, but at a high cost: Bousso,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations
How a Strait of Hormuz shock reaches United States Brent Oil Fund (BNO)
“Hormuz shuttles keep oil flowing, but at a high cost: Bousso” (21 Sep 2026) reaches United States Brent Oil Fund (BNO) through Strait of Hormuz.
United States Brent Oil Fund (BNO) is on the page because Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
A second company, United States Gasoline Fund (UGA), is listed for a different reason: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity
What this energy story puts on the calendar
BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.
How solid the energy case looks
46 out of 100
“Hormuz shuttles keep oil flowing, but at a high cost: Bousso” scores 46 out of 100. The score uses 1 sources, and 15 linked companies.