IRGC says tanker caught fire after hitting mines in Strait of Hormuz
Published . Updated .
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This report is about tanker shipping. 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.
- FRO Frontline+1.6% 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-4.9% 30d
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 |
|---|---|---|---|---|---|---|---|
| BWET | +16.99% | -9.44% | base | +6.51% | after close | after close | after close |
| FRO | -2.89% | -6.19% | base | +1.18% | after close | after close | after close |
| DHT | -7.22% | -6.64% | base | +0.29% | after close | after close | after close |
| INSW | -6.17% | -6.05% | base | +0.49% | after close | after close | after close |
| TNK | -2.69% | -3.04% | base | +1.63% | 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.
IRGC says tanker caught fire after hitting mines in Strait of Hormuz Al Jazeera
Source: Al Jazeera
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | +6.51% | still updating |
| BWET | three days earlier | -9.44% | final price |
| BWET | five days earlier | +16.99% | final price |
| DHT | that day | +0.29% | still updating |
| DHT | three days earlier | -6.64% | final price |
| DHT | five days earlier | -7.22% | final price |
| FRO | that day | +1.18% | still updating |
| FRO | three days earlier | -6.19% | final price |
| FRO | five days earlier | -2.89% | final price |
| INSW | that day | +0.49% | still updating |
| INSW | three days earlier | -6.05% | final price |
| INSW | five days earlier | -6.17% | final price |
| TNK | that day | +1.63% | still updating |
| TNK | three days earlier | -3.04% | final price |
| TNK | five days earlier | -2.69% | final price |
Strait of Hormuz, seven days against thirty
Geopolitics Alpha has 214 stories about Strait of Hormuz from the past 7 days and 714 stories from the past 30. That is about its usual pace over the past month. “IRGC says tanker caught fire after hitting mines in Strait of Hormuz” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100Price not final
“IRGC says tanker caught fire after hitting mines in Strait of Hormuz” scores 12 out of 100. The score uses 1 sources. The price is not final yet.