Iran navy says tanker hits mine, catches fire in Hormuz
Published . Updated .
Covered by 3 outlets: Al Arabiya English, A News, Devdiscourse.
Key takeaways
- An oil tanker caught fire and was left immobilized after striking a naval mine east of the Strait of Hormuz on Saturday, Irans navy announced, warning that the vessel had deactivated its navigation transponders and entered prohibited waters in defiance of maritime transit
- Exposed: BWET, ITA, FRO, DHT, INSW
- Market reaction: price tracking starts with the next trading session.
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An oil tanker caught fire and was left immobilized after striking a naval mine east of the Strait of Hormuz on Saturday, Irans navy announced, warning that the vessel had deactivated its navigation transponders and entered prohibited waters in defiance of maritime transit
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.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.
- 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-10.8% 16d
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 |
|---|---|---|---|---|---|---|---|
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| ITA | +3.67% | +2.77% | base | after close | after close | after close | after close |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| FRO | +14.63% | +6.76% | base | after close | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | after close | after close | after close | after close |
| INSW | +7.59% | +1.40% | base | after close | after close | after close | after close |
| TNK | +11.16% | +3.34% | 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.
Iran navy says tanker hits mine, catches fire in Hormuz Al Arabiya English
Source: Al Arabiya English
Earlier energy stories for Amplify Commodity Trust (BWET): 17 cases
Across 17 earlier stories, Amplify Commodity Trust (BWET) the next day averaged -3.73%. The largest gain was -2.78% and the largest drop was -10.37%, from 16 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Amplify Commodity Trust (BWET) | the next day | -3.73% | -2.78% | -10.37% | 16 |
| Amplify Commodity Trust (BWET) | three days later | -24.86% | -24.41% | -28.03% | 16 |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | +0.55% | +3.18% | +0.11% | 7 |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days later | -1.03% | -0.76% | -2.60% | 7 |
| Frontline (FRO) | the next day | -7.77% | -7.77% | -7.80% | 16 |
| Frontline (FRO) | three days later | -15.51% | -15.01% | -20.52% | 11 |
| DHT Holdings (DHT) | the next day | -4.38% | -4.32% | -4.38% | 16 |
| DHT Holdings (DHT) | three days later | -12.57% | -12.14% | -16.85% | 11 |
- IRGC Claims Third Tanker Exploded by Sea Mine in Strait of Hormuz
- Oil Prices Rise After Hormuz Tanker Attack, Houthi Claims Stoke Supply Fears
- Oil Poised for Fourth Monthly Gain Amid Hormuz Supply Risks
- Gold drops below $4,000, silver tumbles as Hormuz attack lifts oil prices - Kitco AM Report
- Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room
- Tanker Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges
Amplify Commodity Trust (BWET) since “Iran navy says tanker hits mine, catches fire in Hormuz,” compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| DHT Holdings (DHT) | three days earlier | +6.67% | final price |
| DHT Holdings (DHT) | five days earlier | +15.43% | final price |
| Frontline (FRO) | three days earlier | +6.76% | final price |
| Frontline (FRO) | five days earlier | +14.63% | final price |
| International Seaways (INSW) | three days earlier | +1.40% | final price |
| International Seaways (INSW) | five days earlier | +7.59% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | +2.77% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +3.67% | final price |
| Teekay Tankers (TNK) | three days earlier | +3.34% | final price |
| Teekay Tankers (TNK) | five days earlier | +11.16% | final price |
How busy Strait of Hormuz has been lately
Geopolitics Alpha has 145 stories about Strait of Hormuz from the past 7 days and 590 stories from the past 30. That is about its usual pace over the past month. “Iran navy says tanker hits mine, catches fire in Hormuz” is tagged to Strait of Hormuz.
Who collects and who pays in energy
Likely winners
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 7 Nov 2026 story “Iran navy says tanker hits mine, catches fire in 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 “Iran navy says tanker hits mine, catches fire in 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
In “Iran navy says tanker hits mine, catches fire in Hormuz,” 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
For “Iran navy says tanker hits mine, catches fire in 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
In “Iran navy says tanker hits mine, catches fire in Hormuz,” 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
- ITA IShares U.S. Aerospace & Defense ETF
In “Iran navy says tanker hits mine, catches fire in Hormuz,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story
How “Iran navy says tanker hits mine, catches fire in Hormuz” reaches Amplify Commodity Trust (BWET)
Amplify Commodity Trust (BWET) is the company in “Iran navy says tanker hits mine, catches fire in Hormuz,” the 7 Nov 2026 Strait of Hormuz story.
The link for Amplify Commodity Trust (BWET) is this: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
A second company, IShares U.S. Aerospace & Defense ETF (ITA), is listed for a different reason: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story
What this energy story puts on the calendar
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. FRO traded between 47.51 and 59.74 across 20 sessions. The latest close on file is 48.49. ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38.
How strong the case is around Amplify Commodity Trust (BWET)
62 out of 100
“Iran navy says tanker hits mine, catches fire in Hormuz” scores 62 out of 100. The score uses 3 sources, and 6 linked companies.