Geopolitics Alpha

Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz

Published . Updated .

Key takeaways

  • Exposed: BWET, USO, TNK, FRO, DHT
  • Market reaction: price tracking starts with the next trading session.

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ENERGY · STRAIT OF HORMUZIran says 3 oil tankers hit navalmines, catch fire in Strait ofHormuzGEOPOLITICS ALPHA

This report is about tanker shipping and oil. Names like TNK and FRO typically gain because teekay Tankers (water transportation): 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.

  • USO United States Oil Fund+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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+8.7% 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-3.9% 12d

    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+6.2% 16d

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

  • CVX Chevron+12.5% 30d

    Chevron (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
BWET-1.54%+2.86%baseafter closeafter closeafter closeafter close
USO+4.37%+7.30%baseafter closeafter closeafter closeafter close
TNK+3.04%+6.23%baseafter closeafter closeafter closeafter close
FRO+3.34%+8.65%baseafter closeafter closeafter closeafter close
DHT+1.11%+5.11%baseafter closeafter closeafter closeafter close
INSW+5.42%+7.55%baseafter closeafter closeafter closeafter close
XOM+0.06%+1.89%baseafter closeafter closeafter closeafter close
CVX+0.19%+1.58%baseafter closeafter 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 says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz Anadolu Ajansı

Source: Anadolu Ajansı

15 earlier Strait of Hormuz stories for Amplify Commodity Trust (BWET)

Those 15 earlier stories put Amplify Commodity Trust (BWET) at an average move of +0.18% the next day. Largest gain +0.48%, largest drop +0.12%, from 12 prices.

CompanyWhenAverageLargest gainLargest dropPrices
Amplify Commodity Trust (BWET)the next day+0.18%+0.48%+0.12%12
Amplify Commodity Trust (BWET)three days later+4.59%+4.59%+4.59%12
United States Oil Fund (USO)the next day-2.37%+0.26%-3.69%15
United States Oil Fund (USO)three days later-0.39%+1.56%-1.37%15
Teekay Tankers (TNK)the next day-1.32%-1.09%-1.78%15
Teekay Tankers (TNK)three days later+0.97%+1.76%-0.60%15
Frontline (FRO)the next day+1.57%+1.67%+1.38%15
Frontline (FRO)three days later+5.58%+6.89%+2.95%15

Price since this story was published: Amplify Commodity Trust (BWET)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+2.86%final price
Amplify Commodity Trust (BWET)five days earlier-1.54%final price
Chevron (CVX)three days earlier+1.58%final price
Chevron (CVX)five days earlier+0.19%final price
DHT Holdings (DHT)three days earlier+5.11%final price
DHT Holdings (DHT)five days earlier+1.11%final price
Frontline (FRO)three days earlier+8.65%final price
Frontline (FRO)five days earlier+3.34%final price
International Seaways (INSW)three days earlier+7.55%final price
International Seaways (INSW)five days earlier+5.42%final price
Teekay Tankers (TNK)three days earlier+6.23%final price
Teekay Tankers (TNK)five days earlier+3.04%final price
United States Oil Fund (USO)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
ExxonMobil Holdings (XOM)three days earlier+1.89%final price
ExxonMobil Holdings (XOM)five days earlier+0.06%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).

The Strait of Hormuz count beside this story

Strait of Hormuz

Geopolitics Alpha has 184 stories about Strait of Hormuz from the past 7 days and 491 stories from the past 30. That is faster than its usual pace over the past month. “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz” is tagged to Strait of Hormuz.

Who collects and who pays in energy

Companies that tend to gain

  • TNK Teekay Tankers

    For “Iran says 3 oil tankers hit naval mines, catch fire in Strait of 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

  • FRO Frontline

    In “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz,” Frontline (FRO) tends to benefit, medium confidence. 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 says 3 oil tankers hit naval mines, catch fire in Strait of 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 says 3 oil tankers hit naval mines, catch fire in Strait of 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

No up or down call on file

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story

  • USO United States Oil Fund

    For “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XOM ExxonMobil Holdings

    For “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    In “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

From Strait of Hormuz to Amplify Commodity Trust (BWET)

Amplify Commodity Trust (BWET) is the company in “Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz,” the 3 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, United States Oil Fund (USO), is listed for a different reason: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89.

What the saved facts support for Amplify Commodity Trust (BWET)

46 out of 100

“Iran says 3 oil tankers hit naval mines, catch fire in Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.