Iran says tanker carrying LNG hit mine, suffered explosion in Hormuz
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This report is about natural gas and tanker shipping. Names like FRO and DHT typically gain because 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.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story.
- FRO Frontline+1.6% 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-7.8% 19d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. 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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNG | -10.79% | -0.62% | base | after close | after close | after close | after close |
| XLE | -4.15% | -3.23% | base | after close | after close | after close | after close |
| BWET | +16.99% | -9.44% | base | after close | after close | after close | after close |
| USO | +1.59% | -3.20% | base | after close | after close | after close | after close |
| FRO | -2.89% | -6.19% | base | after close | after close | after close | after close |
| DHT | -7.22% | -6.64% | base | after close | after close | after close | after close |
| INSW | -6.17% | -6.05% | base | after close | after close | after close | after close |
| TNK | -2.69% | -3.04% | base | after close | after close | after close | after 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.
Iran says tanker carrying LNG hit mine, suffered explosion in Hormuz StreetInsider
Source: StreetInsider
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | -9.44% | final price |
| BWET | five days earlier | +16.99% | final price |
| DHT | three days earlier | -6.64% | final price |
| DHT | five days earlier | -7.22% | final price |
| FRO | three days earlier | -6.19% | final price |
| FRO | five days earlier | -2.89% | final price |
| INSW | three days earlier | -6.05% | final price |
| INSW | five days earlier | -6.17% | final price |
| TNK | three days earlier | -3.04% | final price |
| TNK | five days earlier | -2.69% | final price |
| UNG | three days earlier | -0.62% | final price |
| UNG | five days earlier | -10.79% | final price |
| USO | three days earlier | -3.20% | final price |
| USO | five days earlier | +1.59% | final price |
| XLE | three days earlier | -3.23% | final price |
| XLE | five days earlier | -4.15% | final price |
Strait of Hormuz on the map for this story
Geopolitics Alpha has 214 stories about Strait of Hormuz from the past 7 days and 705 stories from the past 30. That is about its usual pace over the past month. “Iran says tanker carrying LNG hit mine, suffered explosion in Hormuz” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“Iran says tanker carrying LNG hit mine, suffered explosion in Hormuz” scores 12 out of 100. The score uses 1 sources.