Iran claims four tankers on fire after hitting mines in Hormuz
Published . Updated .
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This report is about tanker shipping. Names like FRO and TNK 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-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- FRO Frontline+1.0% 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.
- 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.
- 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-9.6% 14d
International Seaways (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 |
|---|---|---|---|---|---|---|---|
| BWET | -0.47% | -0.47% | base | +4.09% | +4.09% | +1.20% | -6.70% |
| FRO | -7.71% | -0.56% | base | +1.86% | +2.38% | -6.04% | -5.55% |
| TNK | -4.03% | +1.71% | base | +1.93% | +1.10% | -3.57% | -3.78% |
| DHT | -1.31% | +0.55% | base | +2.64% | +2.02% | -1.92% | -2.13% |
| INSW | -2.92% | +1.80% | base | +1.69% | -0.14% | -5.47% | -6.19% |
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 claims four tankers on fire after hitting mines in Hormuz Arab News
Source: Arab News
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | +4.09% | final price |
| BWET | the next day | +4.09% | final price |
| BWET | two days later | +1.20% | final price |
| BWET | three days later | -6.70% | final price |
| BWET | three days earlier | -0.47% | final price |
| BWET | five days earlier | -0.47% | final price |
| DHT | that day | +2.64% | final price |
| DHT | the next day | +2.02% | final price |
| DHT | two days later | -1.92% | final price |
| DHT | three days later | -2.13% | final price |
| DHT | three days earlier | +0.55% | final price |
| DHT | five days earlier | -1.31% | final price |
| FRO | that day | +1.86% | final price |
| FRO | the next day | +2.38% | final price |
| FRO | two days later | -6.04% | final price |
| FRO | three days later | -5.55% | final price |
| FRO | three days earlier | -0.56% | final price |
| FRO | five days earlier | -7.71% | final price |
| INSW | that day | +1.69% | final price |
| INSW | the next day | -0.14% | final price |
| INSW | two days later | -5.47% | final price |
| INSW | three days later | -6.19% | final price |
| INSW | three days earlier | +1.80% | final price |
| INSW | five days earlier | -2.92% | final price |
| TNK | that day | +1.93% | final price |
| TNK | the next day | +1.10% | final price |
| TNK | two days later | -3.57% | final price |
| TNK | three days later | -3.78% | final price |
| TNK | three days earlier | +1.71% | final price |
| TNK | five days earlier | -4.03% | final price |
Strait of Hormuz, seven days against thirty
Geopolitics Alpha has 189 stories about Strait of Hormuz from the past 7 days and 532 stories from the past 30. That is faster than its usual pace over the past month. “Iran claims four tankers on fire after hitting mines in Hormuz” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Iran claims four tankers on fire after hitting mines in Hormuz” scores 12 out of 100. The score uses 1 sources.