Iran says 5 tankers catch fire after striking naval mines in Strait of Hormuz
Published . Updated .
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This report is about tanker shipping. 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.
- 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+1.6% 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-4.9% 30d
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 | +32.30% | +28.62% | base | -4.78% | -4.78% | -17.72% | -26.29% |
| TNK | +14.26% | +7.57% | base | -6.61% | -3.24% | -3.95% | -3.59% |
| FRO | +16.66% | +7.37% | base | -6.75% | -5.98% | -8.68% | -9.52% |
| DHT | +13.74% | +8.20% | base | -5.69% | -5.73% | -6.75% | -5.67% |
| INSW | +14.12% | +6.11% | base | -3.90% | -1.59% | -3.89% | -1.25% |
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 5 tankers catch fire after striking naval mines in Strait of Hormuz South China Morning Post
Source: South China Morning Post
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -4.78% | final price |
| BWET | the next day | -4.78% | final price |
| BWET | two days later | -17.72% | final price |
| BWET | three days later | -26.29% | final price |
| BWET | three days earlier | +28.62% | final price |
| BWET | five days earlier | +32.30% | final price |
| DHT | that day | -5.69% | final price |
| DHT | the next day | -5.73% | final price |
| DHT | two days later | -6.75% | final price |
| DHT | three days later | -5.67% | final price |
| DHT | three days earlier | +8.20% | final price |
| DHT | five days earlier | +13.74% | final price |
| FRO | that day | -6.75% | final price |
| FRO | the next day | -5.98% | final price |
| FRO | two days later | -8.68% | final price |
| FRO | three days later | -9.52% | final price |
| FRO | three days earlier | +7.37% | final price |
| FRO | five days earlier | +16.66% | final price |
| INSW | that day | -3.90% | final price |
| INSW | the next day | -1.59% | final price |
| INSW | two days later | -3.89% | final price |
| INSW | three days later | -1.25% | final price |
| INSW | three days earlier | +6.11% | final price |
| INSW | five days earlier | +14.12% | final price |
| TNK | that day | -6.61% | final price |
| TNK | the next day | -3.24% | final price |
| TNK | two days later | -3.95% | final price |
| TNK | three days later | -3.59% | final price |
| TNK | three days earlier | +7.57% | final price |
| TNK | five days earlier | +14.26% | final price |
How busy Strait of Hormuz has been lately
Geopolitics Alpha has 211 stories about Strait of Hormuz from the past 7 days and 711 stories from the past 30. That is about its usual pace over the past month. “Iran says 5 tankers catch fire after striking naval mines in Strait of Hormuz” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Iran says 5 tankers catch fire after striking naval mines in Strait of Hormuz” scores 12 out of 100. The score uses 1 sources.