Iran's IRGC: 2 'violating' oil tankers exploded after hitting mines in Hormuz
Published . Updated .
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.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
The navy of Iran's Islamic Revolutionary Guard Corps (IRGC) on Sunday announced that two "violating" oil tankers, including a supertanker, suffered explosions and were stopped after hitting naval mines in the Strait of Hormuz within the preceding hours.
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.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.
- 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.
- 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.
- XOM ExxonMobil Holdings-2.7% 17d
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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | -4.39% | -3.93% | base | -2.78% | -10.37% | -24.41% | -28.03% |
| USO | -1.54% | -1.29% | base | -7.16% | -6.32% | -13.84% | -12.25% |
| ITA | -1.26% | -0.97% | base | +2.36% | +3.18% | +1.46% | -2.60% |
| TNK | +0.20% | -1.49% | base | -5.00% | -5.21% | -11.95% | -17.76% |
| FRO | -2.94% | -2.39% | base | -8.29% | -7.80% | -15.49% | -20.52% |
| DHT | -1.70% | -2.24% | base | -4.12% | -4.32% | -11.89% | -16.85% |
| INSW | +1.66% | -0.13% | base | -5.60% | -6.32% | -11.00% | -14.48% |
| XOM | -1.45% | -2.77% | base | -4.00% | -5.21% | -9.49% | -11.72% |
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's IRGC: 2 'violating' oil tankers exploded after hitting mines in Hormuz chinadailyhk
Source: chinadailyhk
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -2.78% | final price |
| BWET | the next day | -10.37% | final price |
| BWET | two days later | -24.41% | final price |
| BWET | three days later | -28.03% | final price |
| BWET | three days earlier | -3.93% | final price |
| BWET | five days earlier | -4.39% | final price |
| DHT | that day | -4.12% | final price |
| DHT | the next day | -4.32% | final price |
| DHT | two days later | -11.89% | final price |
| DHT | three days later | -16.85% | final price |
| DHT | three days earlier | -2.24% | final price |
| DHT | five days earlier | -1.70% | final price |
| FRO | that day | -8.29% | final price |
| FRO | the next day | -7.80% | final price |
| FRO | two days later | -15.49% | final price |
| FRO | three days later | -20.52% | final price |
| FRO | three days earlier | -2.39% | final price |
| FRO | five days earlier | -2.94% | final price |
| INSW | that day | -5.60% | final price |
| INSW | the next day | -6.32% | final price |
| INSW | two days later | -11.00% | final price |
| INSW | three days later | -14.48% | final price |
| INSW | three days earlier | -0.13% | final price |
| INSW | five days earlier | +1.66% | final price |
| ITA | that day | +2.36% | final price |
| ITA | the next day | +3.18% | final price |
| ITA | two days later | +1.46% | final price |
| ITA | three days later | -2.60% | final price |
| ITA | three days earlier | -0.97% | final price |
| ITA | five days earlier | -1.26% | final price |
| TNK | that day | -5.00% | final price |
| TNK | the next day | -5.21% | final price |
| TNK | two days later | -11.95% | final price |
| TNK | three days later | -17.76% | final price |
| TNK | three days earlier | -1.49% | final price |
| TNK | five days earlier | +0.20% | final price |
| USO | that day | -7.16% | final price |
| USO | the next day | -6.32% | final price |
| USO | two days later | -13.84% | final price |
| USO | three days later | -12.25% | final price |
| USO | three days earlier | -1.29% | final price |
| USO | five days earlier | -1.54% | final price |
| XOM | that day | -4.00% | final price |
| XOM | the next day | -5.21% | final price |
| XOM | two days later | -9.49% | final price |
| XOM | three days later | -11.72% | final price |
| XOM | three days earlier | -2.77% | final price |
| XOM | five days earlier | -1.45% | final price |
Strait of Hormuz
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 19 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 63 days before publication. Filed 25 Sep 2026. View the filing.
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
Geopolitics Alpha has 178 stories about Strait of Hormuz from the past 7 days and 660 stories from the past 30. That is about its usual pace over the past month. “Iran's IRGC: 2 'violating' oil tankers exploded after hitting mines in Hormuz” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Iran's IRGC: 2 'violating' oil tankers exploded after hitting mines in Hormuz” scores 12 out of 100. The score uses 1 sources.