India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz
Published . Updated .
A tanker with a crew of 27 Indians caught fire after being struck by limpet mines near Oman. The attack marks the first known successful use of the explosives in the waterway since the US-Iran war began. DW has more.
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+9.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.
- INDA iShares MSCI India ETF-5.0% 30d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- FRO Frontline+10.0% 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.
- 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+3.4% 10d
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 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| INDANo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -2.94% | -2.39% | base | after close | after close | after close | after close |
| DHT | -1.70% | -2.24% | base | after close | after close | after close | after close |
| INSW | +1.66% | -0.13% | base | after close | after close | after close | after close |
| TNK | +0.20% | -1.49% | 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.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz DW.com
Source: DW.com
What happened to Amplify Commodity Trust (BWET) the last 14 times Strait of Hormuz was in the news
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +5.13% | +6.10% | +2.68% | 14 |
| United States Oil Fund (USO) | three days later | +2.50% | +5.08% | +2.22% | 14 |
| Frontline (FRO) | the next day | +3.12% | +7.75% | -10.98% | 14 |
| Frontline (FRO) | three days later | +4.45% | +9.23% | -14.06% | 14 |
- 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
- Iran says 7 tankers were damaged in the Strait of Hormuz, and other Mideast news
How far Amplify Commodity Trust (BWET) has moved since 31 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | three days earlier | -2.24% | final price |
| DHT Holdings (DHT) | five days earlier | -1.70% | final price |
| Frontline (FRO) | three days earlier | -2.39% | final price |
| Frontline (FRO) | five days earlier | -2.94% | final price |
| International Seaways (INSW) | three days earlier | -0.13% | final price |
| International Seaways (INSW) | five days earlier | +1.66% | final price |
| Teekay Tankers (TNK) | three days earlier | -1.49% | final price |
| Teekay Tankers (TNK) | five days earlier | +0.20% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | 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 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).
The Strait of Hormuz count beside this story
Geopolitics Alpha has 144 stories about Strait of Hormuz from the past 7 days and 403 stories from the past 30. That is faster than its usual pace over the past month. “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz” is tagged to Strait of Hormuz.
Amplify Commodity Trust (BWET) on one side of this energy story
Likely winners
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 31 Oct 2026 story “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz.” 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
In “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz,” 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 31 Oct 2026 story “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz.” 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
For “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz,” 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
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz.” 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
In “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz,” 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
- INDA Ishares Tr
For “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz,” Ishares Tr (INDA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”)
- XOM ExxonMobil Holdings
In “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz,” 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)
Amplify Commodity Trust (BWET) is the company in “India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz,” the 31 Oct 2026 Strait of Hormuz story.
What ties Amplify Commodity Trust (BWET) to the headline is this: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. INDA traded between 45.35 and 48.53 across 17 sessions. The latest close on file is 46.04. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 168.21.
How solid the energy case looks
54 out of 100
“India news: Oil tanker carrying 27 Indians attacked with limpet mines in Strait of Hormuz” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.