Iran says 7 tankers were damaged 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+2.8% 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+1.5% 9d
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 were damaged 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 122 stories about Strait of Hormuz from the past 7 days and 367 stories from the past 30. That is faster than its usual pace over the past month. “Iran says 7 tankers were damaged 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 were damaged in the Strait of Hormuz, and other Mideast news” scores 12 out of 100. The score uses 1 sources.