Geopolitics Alpha

Iran says two oil tankers stopped south of Hormuz after incident

Published . Updated .

ENERGY · STRAIT OF HORMUZIran says two oil tankers stoppedsouth of Hormuz after incidentGEOPOLITICS ALPHA

This report is about tanker shipping and oil. 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.

  • USO United States Oil Fund+9.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.

  • XOM ExxonMobil Holdings+10.9% 15d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+10.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USO+0.80%-2.73%baseafter closeafter closeafter closeafter close
TNK-1.93%-3.00%baseafter closeafter closeafter closeafter close
FRO-6.45%-4.89%baseafter closeafter closeafter closeafter close
DHT-2.07%-3.81%baseafter closeafter closeafter closeafter close
INSW-2.50%-1.98%baseafter closeafter closeafter closeafter close
XOM+0.03%-1.79%baseafter closeafter closeafter closeafter close
CVXNo price data for this ticker———————

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.

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Iran says two oil tankers stopped south of Hormuz after incident The Jerusalem Post

Source: The Jerusalem Post

Strait of Hormuz

CompanyWhenMoveStatus
DHTthree days earlier-3.81%final price
DHTfive days earlier-2.07%final price
FROthree days earlier-4.89%final price
FROfive days earlier-6.45%final price
INSWthree days earlier-1.98%final price
INSWfive days earlier-2.50%final price
TNKthree days earlier-3.00%final price
TNKfive days earlier-1.93%final price
USOthree days earlier-2.73%final price
USOfive days earlier+0.80%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%final price

Congressional trades 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).

The Strait of Hormuz count beside this story

Strait of Hormuz

Geopolitics Alpha has 127 stories about Strait of Hormuz from the past 7 days and 372 stories from the past 30. That is faster than its usual pace over the past month. “Iran says two oil tankers stopped south of Hormuz after incident” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100

“Iran says two oil tankers stopped south of Hormuz after incident” scores 12 out of 100. The score uses 1 sources.