Geopolitics Alpha

Iran Steps Up Gulf Shipping Strikes to Keep Oil Prices High Before US Vote

Published . Updated .

ENERGYIran Steps Up Gulf ShippingStrikes to Keep Oil Prices HighBefore US VoteGEOPOLITICS ALPHA

This report is about Iran and Energy. Names like USO and XLE typically gain because oil prices move when Iranian supply is at risk. Linked by “iran + oil” in this story.

Directly affected

  • No company is named in this report.

Indirectly affected

  • BNO United States Brent Oil Fund+14.2% 30d

    Tracks Brent when Iranian supply is at risk. Linked by “iran + oil” in this story

  • BWET Breakwave Tanker Shipping ETF+64.8% 18d

    Tanker freight rates move with Iranian export risk. Linked by “iran + oil” in this story

  • USO United States Oil Fund+8.2% 30d

    Oil prices move when Iranian supply is at risk. Linked by “iran + oil” in this story

  • XLE Energy Select Sector SPDR+7.4% 30d

    Energy companies move with Iran supply risk. Linked by “iran + oil” in this story

  • XOM Exxon Mobil+11.0% 11d

    Oil producers earn more when crude prices rise. Linked by “iran + oil” in this story

  • CVX Chevron+9.9% 30d

    Oil producers earn more when crude prices rise. Linked by “oil price + prices” in this story

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BNONo price data for this ticker———————
BWETNo price data for this ticker———————
USO-5.98%-3.16%base+0.36%+2.76%+5.66%+5.08%
XLE-5.66%-3.14%base+0.65%-0.95%+1.56%+0.92%
XOMNo price data for this ticker———————
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.

Market Call

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Iran Steps Up Gulf Shipping Strikes to Keep Oil Prices High Before US Vote Marine Link

Source: Marine Link

Energy

CompanyWhenMoveStatus
USOthat day+0.36%final price
USOthe next day+2.76%final price
USOtwo days later+5.66%final price
USOthree days later+5.08%final price
USOthree days earlier-3.16%final price
USOfive days earlier-5.98%final price
XLEthat day+0.65%final price
XLEthe next day-0.95%final price
XLEtwo days later+1.56%final price
XLEthree days later+0.92%final price
XLEthree days earlier-3.14%final price
XLEfive days earlier-5.66%final price
SPY
XLE

Trades by members of Congress and officials 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).

How solid the energy case looks

12 out of 100

“Iran Steps Up Gulf Shipping Strikes to Keep Oil Prices High Before US Vote” scores 12 out of 100. The score uses 1 sources.