Iran says 7 tankers on fire or damaged overnight in the Strait of Hormuz, and other Mideast news
Published . Updated .
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+25.1% 18d
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+10.0% 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+3.4% 10d
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 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| TNK | +1.23% | -1.21% | base | -0.71% | +3.62% | +5.23% | +2.50% |
| FRO | +2.40% | -1.15% | base | -0.12% | +3.14% | +7.62% | +4.86% |
| DHT | -2.94% | -4.60% | base | -0.04% | +1.74% | +1.84% | -0.06% |
| INSW | +1.62% | -5.88% | base | -2.56% | -0.49% | +2.17% | +0.05% |
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 tankers on fire or damaged overnight in the Strait of Hormuz, and other Mideast news AP News
Source: Associated Press
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| DHT | that day | -0.04% | final price |
| DHT | the next day | +1.74% | final price |
| DHT | two days later | +1.84% | final price |
| DHT | three days later | -0.06% | final price |
| DHT | three days earlier | -4.60% | final price |
| DHT | five days earlier | -2.94% | final price |
| FRO | that day | -0.12% | final price |
| FRO | the next day | +3.14% | final price |
| FRO | two days later | +7.62% | final price |
| FRO | three days later | +4.86% | final price |
| FRO | three days earlier | -1.15% | final price |
| FRO | five days earlier | +2.40% | final price |
| INSW | that day | -2.56% | final price |
| INSW | the next day | -0.49% | final price |
| INSW | two days later | +2.17% | final price |
| INSW | three days later | +0.05% | final price |
| INSW | three days earlier | -5.88% | final price |
| INSW | five days earlier | +1.62% | final price |
| TNK | that day | -0.71% | final price |
| TNK | the next day | +3.62% | final price |
| TNK | two days later | +5.23% | final price |
| TNK | three days later | +2.50% | final price |
| TNK | three days earlier | -1.21% | final price |
| TNK | five days earlier | +1.23% | final price |
Strait of Hormuz on the map for this story
Geopolitics Alpha has 136 stories about Strait of Hormuz from the past 7 days and 386 stories from the past 30. That is faster than its usual pace over the past month. “Iran says 7 tankers on fire or damaged overnight in the Strait of Hormuz, and other Mideast news” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Iran says 7 tankers on fire or damaged overnight in the Strait of Hormuz, and other Mideast news” scores 12 out of 100. The score uses 1 sources.