Iranian navy says tanker caught fire after striking mines near Strait of Hormuz
Published . Updated .
This report is about tanker shipping and defense. 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
- 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.
- ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story.
- FRO Frontline+14.2% 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+1.7% 11d
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 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -2.94% | -2.39% | base | after close | after close | after close | after close |
| DHT | -1.70% | -2.24% | base | after close | after close | after close | after close |
| INSW | +1.66% | -0.13% | base | after close | after close | after close | after close |
| TNK | +0.20% | -1.49% | 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.
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.
Iranian navy says tanker caught fire after striking mines near Strait of Hormuz Al Arabiya English
Source: Al Arabiya English
How Amplify Commodity Trust (BWET) moved after the last 9 energy shocks
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Frontline (FRO) | the next day | +6.73% | +7.75% | +3.14% | 9 |
| Frontline (FRO) | three days later | +8.26% | +9.23% | +4.86% | 9 |
| DHT Holdings (DHT) | the next day | +1.85% | +1.88% | +1.74% | 9 |
| DHT Holdings (DHT) | three days later | +1.53% | +1.99% | -0.06% | 9 |
- Donald Trump claims Iran faked Strait of Hormuz attacks to influence midterm elections
- Trump claims Iran is 'faking hits' in Hormuz to drive up oil prices ahead of midterms
- Iran says 7 oil tankers damaged in Strait of Hormuz, and other Middle East news
- Iran says 7 oil tankers were attacked in the Strait of Hormuz as fears grow of a return to war
- Iran says 7 oil tankers attacked in the Strait of Hormuz as fears of a return to war grow
- Iran’s Revolutionary Guards report two oil tankers struck mines in the Strait of Hormuz
Amplify Commodity Trust (BWET) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | three days earlier | -2.24% | final price |
| DHT Holdings (DHT) | five days earlier | -1.70% | final price |
| Frontline (FRO) | three days earlier | -2.39% | final price |
| Frontline (FRO) | five days earlier | -2.94% | final price |
| International Seaways (INSW) | three days earlier | -0.13% | final price |
| International Seaways (INSW) | five days earlier | +1.66% | final price |
| Teekay Tankers (TNK) | three days earlier | -1.49% | final price |
| Teekay Tankers (TNK) | five days earlier | +0.20% | final price |
Where this story sits: Strait of Hormuz
Geopolitics Alpha has 170 stories about Strait of Hormuz from the past 7 days and 432 stories from the past 30. That is faster than its usual pace over the past month. “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz” is tagged to Strait of Hormuz.
Who gains and who loses around Amplify Commodity Trust (BWET)
Companies that tend to gain
- FRO Frontline
In “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: 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 (DHT) tends to benefit, medium confidence in the 31 Oct 2026 story “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz.” Reason on file: 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
For “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz,” International Seaways (INSW) tends to benefit, medium confidence. Reason on file: 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 (TNK) tends to benefit, medium confidence in the 31 Oct 2026 story “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz.” Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
No up or down call on file
- BWET Amplify Commodity Trust
In “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- ITA IShares U.S. Aerospace & Defense ETF
In “Iranian navy says tanker caught fire after striking mines near Strait of Hormuz,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story
How energy news reaches Amplify Commodity Trust (BWET)
“Iranian navy says tanker caught fire after striking mines near Strait of Hormuz” (31 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 tanker freight rates. Linked by “tanker” (tanker shipping) in this story
IShares U.S. Aerospace & Defense ETF (ITA) is here too. Its reason reads: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story
Price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. FRO traded between 49.05 and 59.74 across 20 sessions. The latest close on file is 56.89. ITA traded between 197.59 and 215.76 across 20 sessions. The latest close on file is 209.72.
What the saved facts support for Amplify Commodity Trust (BWET)
46 out of 100
“Iranian navy says tanker caught fire after striking mines near Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.