Geopolitics Alpha

Iran says 7 tankers damaged in Strait of Hormuz, and other Mideast news

Published . Updated .

ENERGY · STRAIT OF HORMUZIran says 7 tankers damaged inStrait of Hormuz, and otherMideast newsGEOPOLITICS ALPHA

This report is about Tanker rates and Gulf supply. Names like FRO and INSW typically gain because tanker operators earn more when freight rates spike.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+1.5%

    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+0.9%

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

  • XLE Energy Select Sector SPDR+4.9%

    Energy companies move with a Gulf supply scare

  • LMT Lockheed Martin+4.2%

    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-1.9%

    Container lines are exposed when a shipping lane is disrupted

  • DAL Delta Air Lines-0.7%

    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———————
ZIM———————
DAL———————

Market Call

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Iran says 7 tankers damaged in Strait of Hormuz, and other Mideast news AP News

Source: Associated Press

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Where this story sits: Strait of Hormuz

Strait of Hormuz has 231 linked stories in the last 7 days and 231 in the last 30 on the page that also carries “Iran says 7 tankers damaged in Strait of Hormuz, and other Mideast news.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“Iran says 7 tankers damaged in Strait of Hormuz, and other Mideast news” scores 12 out of 100. The score uses 1 sources.