Geopolitics Alpha

Iran army says oil tanker on fire after hitting mines in Hormuz

Published . Updated .

Iran army says oil tanker on fire after hitting mines in Hormuz

International, MNA | The Iranian army on Tuesday said an oil tanker hit mines and caught fire while attempting to cross the Strait of Hormuz via a route not authorised by Tehran.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF+61.1% 18d

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

  • USO United States Oil Fund+2.7% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF-3.2% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “army” (defense) in this story.

  • FRO Frontline+7.1% 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.

  • INSW International Seaways+3.5% 7d

    International Seaways (water transportation): 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.

  • 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.

  • XOM ExxonMobil Holdings+11.8% 12d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USO-3.36%-2.27%base-1.78%after closeafter closeafter close
ITANo price data for this ticker———————
FRO-8.88%-7.19%base-2.56%after closeafter closeafter close
INSW-7.97%-4.63%base-2.08%after closeafter closeafter close
DHT-5.02%-1.85%base-1.87%after closeafter closeafter close
TNK-6.27%-5.65%base-2.60%after closeafter closeafter close
XOM-3.61%-3.44%base-2.35%after 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.

Iran army says oil tanker on fire after hitting mines in Hormuz Macau Business

Source: Macau Business

Strait of Hormuz

CompanyWhenMoveStatus
DHTthat day-1.87%final price
DHTthree days earlier-1.85%final price
DHTfive days earlier-5.02%final price
FROthat day-2.56%final price
FROthree days earlier-7.19%final price
FROfive days earlier-8.88%final price
INSWthat day-2.08%final price
INSWthree days earlier-4.63%final price
INSWfive days earlier-7.97%final price
TNKthat day-2.60%final price
TNKthree days earlier-5.65%final price
TNKfive days earlier-6.27%final price
USOthat day-1.78%final price
USOthree days earlier-2.27%final price
USOfive days earlier-3.36%final price
XOMthat day-2.35%final price
XOMthree days earlier-3.44%final price
XOMfive days earlier-3.61%final price

Trades by members of Congress and officials in the stocks in this story

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

Strait of Hormuz

Geopolitics Alpha has 115 stories about Strait of Hormuz from the past 7 days and 310 stories from the past 30. That is faster than its usual pace over the past month. “Iran army says oil tanker on fire after hitting mines in Hormuz” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100

“Iran army says oil tanker on fire after hitting mines in Hormuz” scores 12 out of 100. The score uses 1 sources.