Geopolitics Alpha

Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling

Published . Updated .

ENERGYIndonesia Busts Mongolian-FlaggedTanker for Ketamine SmugglingGEOPOLITICS ALPHA

This report is about tanker shipping and Indonesia. Names like FRO and DHT typically gain because 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.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.

  • EIDO iShares MSCI Indonesia ETF-1.7% 6d

    iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”).

  • FRO Frontline+4.7% 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+0.8% 6d

    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

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
EIDONo price data for this ticker———————
FRO-8.88%-7.19%baseafter closeafter closeafter closeafter close
DHT-5.02%-1.85%baseafter closeafter closeafter closeafter close
INSW-7.97%-4.63%baseafter closeafter closeafter closeafter close
TNK-6.27%-5.65%baseafter closeafter closeafter closeafter 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.

Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling The Maritime Executive

Source: The Maritime Executive

How far Amplify Commodity Trust (BWET) has moved since 26 Oct 2026

CompanyWhenMoveStatus
DHT Holdings (DHT)three days earlier-1.85%final price
DHT Holdings (DHT)five days earlier-5.02%final price
Frontline (FRO)three days earlier-7.19%final price
Frontline (FRO)five days earlier-8.88%final price
International Seaways (INSW)three days earlier-4.63%final price
International Seaways (INSW)five days earlier-7.97%final price
Teekay Tankers (TNK)three days earlier-5.65%final price
Teekay Tankers (TNK)five days earlier-6.27%final price

Who collects and who pays in energy

Companies that tend to gain

  • FRO Frontline

    For “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling,” Frontline (FRO) tends to benefit, medium confidence. 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 “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling,” 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

    In “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling,” International Seaways (INSW) tends to benefit, medium confidence. 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

    Teekay Tankers (TNK) tends to benefit, medium confidence in the 26 Oct 2026 story “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling.” 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

    For “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story

  • EIDO Ishares Tr

    Ishares Tr (EIDO) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling.” Reason on file: iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”)

Amplify Commodity Trust (BWET) and the energy link

Amplify Commodity Trust (BWET) is the company in “Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling,” the 26 Oct 2026 Energy story.

For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story

Also listed, Ishares Tr (EIDO): iShares MSCI Indonesia ETF holds stocks listed in Indonesia, which this story is about (“indonesia”)

Price levels for Amplify Commodity Trust (BWET)

BWET traded between 788.51 and 1047.07 across 14 sessions. The latest close on file is 900.02. EIDO traded between 11.63 and 11.99 across 6 sessions. The latest close on file is 11.73. FRO traded between 47.61 and 59.74 across 20 sessions. The latest close on file is 52.92.

How solid the energy case looks

46 out of 100

“Indonesia Busts Mongolian-Flagged Tanker for Ketamine Smuggling” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.