Geopolitics Alpha

Iran says 7 oil tankers are on fire or damaged in Strait of Hormuz

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Iran says 7 oil tankers are on fire or damaged in Strait of Hormuz

Seven oil tankers caught fire or were damaged in the Strait of Hormuz overnight after being hit by Iran or striking naval mines, Tehran said Thursday, a markedly high number as tensions wind upward over concerns about a return to all-out war.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Tracks U.S. crude prices when Gulf supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with a Gulf supply scare

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
LMT———————
XOM———————
RTX———————
DAL———————

Iran says 7 oil tankers are on fire or damaged in Strait of Hormuz WRAL

Source: WRAL

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Strait of Hormuz on the map for this story

Strait of Hormuz has 221 linked stories in the last 7 days and 221 in the last 30 on the page that also carries “Iran says 7 oil tankers are on fire or damaged in Strait of Hormuz.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“Iran says 7 oil tankers are on fire or damaged in Strait of Hormuz” scores 12 out of 100. The score uses 1 sources.