Geopolitics Alpha

Iran attacks shipping navigation systems on Oman's Didamar island, sources say

Published . Updated .

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DEFENSEIran attacks shipping navigationsystems on Oman's Didamar island,sources sayGEOPOLITICS ALPHA

This report is about container shipping and oil.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BWET Breakwave Tanker Shipping ETF

    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.

  • USO United States Oil Fund

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

  • ZIM ZIM Integrated Shipping Services

    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

    Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.

  • XOM ExxonMobil Holdings

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

  • CVX Chevron

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

  • KEX Kirby

    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

TickerT-5T-3T-1T0T+1T+2T+3
BWET+35.67%+29.19%base+4.90%after closeafter closeafter close
IYT+1.47%-3.41%base+0.56%after closeafter closeafter close
USO+2.78%+4.95%base+0.50%after closeafter closeafter close
ZIM+1.49%-0.50%base+3.36%after closeafter closeafter close
MATX+1.77%+2.30%base+2.48%after closeafter closeafter close
XOM+3.07%+0.89%base+0.74%after closeafter closeafter close
CVX+2.73%+0.67%base+0.62%after closeafter closeafter close
KEX+3.17%-2.51%base+2.53%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.

Iran attacks shipping navigation systems on Oman's Didamar island, sources say Reuters

Source: Reuters

Defense

CompanyWhenMoveStatus
BWETthat day+4.90%still updating
BWETthree days earlier+29.19%final price
BWETfive days earlier+35.67%final price
CVXthat day+0.62%still updating
CVXthree days earlier+0.67%final price
CVXfive days earlier+2.73%final price
IYTthat day+0.56%still updating
IYTthree days earlier-3.41%final price
IYTfive days earlier+1.47%final price
KEXthat day+2.53%still updating
KEXthree days earlier-2.51%final price
KEXfive days earlier+3.17%final price
MATXthat day+2.48%still updating
MATXthree days earlier+2.30%final price
MATXfive days earlier+1.77%final price
USOthat day+0.50%still updating
USOthree days earlier+4.95%final price
USOfive days earlier+2.78%final price
XOMthat day+0.74%still updating
XOMthree days earlier+0.89%final price
XOMfive days earlier+3.07%final price
ZIMthat day+3.36%still updating
ZIMthree days earlier-0.50%final price
ZIMfive days earlier+1.49%final price

Congressional trades 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).

How solid the defense case looks

12 out of 100Price not final

“Iran attacks shipping navigation systems on Oman's Didamar island, sources say” scores 12 out of 100. The score uses 1 sources. The price is not final yet.