Geopolitics Alpha

Iran says 7 oil tankers damaged in Strait of Hormuz

Published . Updated .

Iran says 7 oil tankers damaged in Strait of Hormuz

Iran’s state television reported that seven oil tankers either caught fire or were damaged by mines overnight Wednesday into Thursday after being targeted or striking naval mines in the Strait of Hormuz. If verified, it would be the largest single-day number of vessels damaged

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+1.4%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways-1.4%

    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+4.9%

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

  • XLE Energy Select Sector SPDR+3.8%

    Energy companies move with a Gulf supply scare

  • LMT Lockheed Martin+11.5%

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • ZIM ZIM Integrated Shipping-2.2%

    Container lines are exposed when a shipping lane is disrupted

  • DAL Delta Air Lines-0.8%

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO+2.38%-1.82%base+3.21%after closeafter closeafter close
INSW+1.36%-3.49%base+3.68%after closeafter closeafter close
DHT-2.28%-3.23%base+2.40%after closeafter closeafter close
TNK+1.72%-0.66%base+3.63%after closeafter closeafter close
USO-0.46%-1.11%base+3.07%after closeafter closeafter close
XLE+0.97%+0.55%base+1.89%after closeafter closeafter close
LMT-6.43%-7.02%base+0.92%after closeafter closeafter close
XOM+0.46%-0.17%base+1.87%after closeafter closeafter close
ZIM+0.53%+0.29%base+0.14%after closeafter closeafter close
DAL-4.91%-3.24%base-4.69%after 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.

Market Call

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Iran says 7 oil tankers damaged in Strait of Hormuz Denver Gazette

Source: Denver Gazette

Strait of Hormuz

CompanyWhenMoveStatus
DALthat day-4.69%still updating
DALthree days earlier-3.24%final price
DALfive days earlier-4.91%final price
DHTthat day+2.40%still updating
DHTthree days earlier-3.23%final price
DHTfive days earlier-2.28%final price
FROthat day+3.21%still updating
FROthree days earlier-1.82%final price
FROfive days earlier+2.38%final price
INSWthat day+3.68%still updating
INSWthree days earlier-3.49%final price
INSWfive days earlier+1.36%final price
LMTthat day+0.92%still updating
LMTthree days earlier-7.02%final price
LMTfive days earlier-6.43%final price
TNKthat day+3.63%still updating
TNKthree days earlier-0.66%final price
TNKfive days earlier+1.72%final price
USOthat day+3.07%still updating
USOthree days earlier-1.11%final price
USOfive days earlier-0.46%final price
XLEthat day+1.89%still updating
XLEthree days earlier+0.55%final price
XLEfive days earlier+0.97%final price
XOMthat day+1.87%still updating
XOMthree days earlier-0.17%final price
XOMfive days earlier+0.46%final price
ZIMthat day+0.14%still updating
ZIMthree days earlier+0.29%final price
ZIMfive days earlier+0.53%final price

Trades by members of Congress and officials 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).

How busy Strait of Hormuz has been lately

Strait of Hormuz has 251 linked stories in the last 7 days and 251 in the last 30 on the page that also carries “Iran says 7 oil tankers damaged in Strait of Hormuz.” The recent pace is rising.

How solid the energy case looks

12 out of 100Price not final

“Iran says 7 oil tankers damaged in Strait of Hormuz” scores 12 out of 100. The score uses 1 sources. The price is not final yet.