Iran Shipping Update – October 28, 2026
Published . Updated .
The maritime security environment across the region remains highly volatile. Iranian attacks on commercial shipping in the Strait of Hormuz continue to disrupt maritime traffic, while Iran-backed Houthi threats and attacks around the Bab el-Mandeb pose a renewed risk to shipping
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+54.8% 19d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- USO United States Oil Fund+4.8% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- XOM ExxonMobil Holdings+9.0% 13d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
- KEX Kirby-1.1% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container 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 | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -2.37% | +3.62% | base | +1.87% | after close | after close | after close |
| MATX | +1.26% | -1.55% | base | -1.69% | after close | after close | after close |
| ZIM | -1.93% | -1.28% | base | -0.20% | after close | after close | after close |
| XOM | -1.00% | +1.85% | base | +1.22% | after close | after close | after close |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
| DACNo 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.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Iran Shipping Update – October 28, 2026 United Against Nuclear Iran | UANI
What happened to Amplify Commodity Trust (BWET) the last 13 times Strait of Hormuz was in the news
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Matson (MATX) | the next day | +1.48% | +1.48% | +1.48% | 10 |
| Matson (MATX) | three days later | -1.33% | -1.33% | -1.33% | 10 |
| ZIM Integrated Shipping Services (ZIM) | the next day | +0.57% | +0.57% | +0.57% | 13 |
| ZIM Integrated Shipping Services (ZIM) | three days later | +1.02% | +1.24% | +1.00% | 13 |
- Oil holds near five-month high as Hormuz attacks threaten supply recovery
- Iran oil exports through Hormuz dry up under US blockade
- Video of Oil Tanker Being Hit in the Strait of Hormuz Is Old
- Iran says supertanker carrying over 2 million barrels of oil hit mine near Hormuz
- South Korean Oil Tanker Takes Red Sea Detour as Hormuz Closure Persists
- HSBC Sees Hormuz Becoming Redundant in Five Years
The price since 28 Oct 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Matson (MATX) | that day | -1.69% | final price |
| Matson (MATX) | three days earlier | -1.55% | final price |
| Matson (MATX) | five days earlier | +1.26% | final price |
| USO | that day | +1.87% | final price |
| USO | three days earlier | +3.62% | final price |
| USO | five days earlier | -2.37% | final price |
| XOM | that day | +1.22% | final price |
| XOM | three days earlier | +1.85% | final price |
| XOM | five days earlier | -1.00% | final price |
| ZIM Integrated Shipping Services (ZIM) | that day | -0.20% | final price |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | -1.28% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | -1.93% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 58 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
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).
Where this story sits: Strait of Hormuz
Geopolitics Alpha has 109 stories about Strait of Hormuz from the past 7 days and 316 stories from the past 30. That is faster than its usual pace over the past month. “Iran Shipping Update – October 28, 2026” is tagged to Strait of Hormuz.
Who gains and who loses around Amplify Commodity Trust (BWET)
Companies mentioned with this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “Iran Shipping Update – October 28, 2026.” Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
- IYT Ishares Tr
In “Iran Shipping Update – October 28, 2026,” Ishares Tr (IYT) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
- MATX Matson
For “Iran Shipping Update – October 28, 2026,” Matson (MATX) is linked, with no stored direction, medium confidence. Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
- ZIM ZIM Integrated Shipping Services
For “Iran Shipping Update – October 28, 2026,” ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence. Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
- KEX Kirby
For “Iran Shipping Update – October 28, 2026,” Kirby (KEX) is linked, with no stored direction, medium confidence. Reason on file: Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
- DAC Danaos
For “Iran Shipping Update – October 28, 2026,” Danaos (DAC) is linked, with no stored direction, medium confidence. Reason on file: Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
How “Iran Shipping Update – October 28, 2026” reaches Amplify Commodity Trust (BWET)
“Iran Shipping Update – October 28, 2026” (28 Oct 2026) reaches Amplify Commodity Trust (BWET) through Strait of Hormuz.
For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
Also listed, Ishares Tr (IYT): iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 16 sessions. The latest close on file is 894.54. MATX traded between 219.11 and 240.81 across 9 sessions. The latest close on file is 223.01.
How solid the shipping case looks
46 out of 100
“Iran Shipping Update – October 28, 2026” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.