Iran war latest: UAE rescues 22 crew members from burning cargo ship in Gulf of Oman
Published . Updated .
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Significant progress had been made, says Al Thani
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “cargo ship” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “cargo ship” (container shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “gulf” (oil) in this story.
- UAE iShares MSCI UAE ETF
iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“uae”).
- ZIM ZIM Integrated Shipping Services-2.4% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “cargo ship” (container shipping) in this story.
- MATX Matson-3.5% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “cargo ship” (container shipping) in this story.
- KEX Kirby-12.6% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “cargo ship” (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 |
|---|---|---|---|---|---|---|---|
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| IYT | +2.62% | +5.05% | base | after close | after close | after close | after close |
| ITA | +3.67% | +2.77% | base | after close | after close | after close | after close |
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| UAE | -3.25% | +1.33% | base | after close | after close | after close | after close |
| ZIM | +1.38% | +2.00% | base | after close | after close | after close | after close |
| MATX | +4.55% | -0.52% | base | after close | after close | after close | after close |
| KEX | +16.23% | +5.83% | 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 war latest: UAE rescues 22 crew members from burning cargo ship in Gulf of Oman The National
Source: The National
Gulf of Oman
| Company | When | Move | Status |
|---|---|---|---|
| BWET | three days earlier | +5.02% | final price |
| BWET | five days earlier | +35.08% | final price |
| ITA | three days earlier | +2.77% | final price |
| ITA | five days earlier | +3.67% | final price |
| IYT | three days earlier | +5.05% | final price |
| IYT | five days earlier | +2.62% | final price |
| KEX | three days earlier | +5.83% | final price |
| KEX | five days earlier | +16.23% | final price |
| MATX | three days earlier | -0.52% | final price |
| MATX | five days earlier | +4.55% | final price |
| UAE | three days earlier | +1.33% | final price |
| UAE | five days earlier | -3.25% | final price |
| USO | three days earlier | -2.06% | final price |
| USO | five days earlier | +5.62% | final price |
| ZIM | three days earlier | +2.00% | final price |
| ZIM | five days earlier | +1.38% | final price |
How busy Gulf of Oman has been lately
Geopolitics Alpha has 5 stories about Gulf of Oman from the past 7 days and 13 stories from the past 30. That is faster than its usual pace over the past month. “Iran war latest: UAE rescues 22 crew members from burning cargo ship in Gulf of Oman” is tagged to Gulf of Oman.
How solid the defense case looks
12 out of 100
“Iran war latest: UAE rescues 22 crew members from burning cargo ship in Gulf of Oman” scores 12 out of 100. The score uses 1 sources.