IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait
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Iran's Islamic Revolutionary Guard Corps (IRGC) navy announced that two oil tankers caught fire after being struck by mines while attempting to transit through the Strait of Hormuz.
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.
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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 “navy” (defense) 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.
- FRO Frontline+1.0% 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-9.6% 14d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 | +38.94% | +24.54% | base | after close | after close | after close | after close |
| USO | +13.96% | +6.75% | base | after close | after close | after close | after close |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| TNK | +22.76% | +16.36% | base | after close | after close | after close | after close |
| FRO | +27.38% | +17.44% | base | after close | after close | after close | after close |
| DHT | +22.29% | +17.01% | base | after close | after close | after close | after close |
| INSW | +18.39% | +10.91% | base | after close | after close | after close | after close |
| XOM | +13.27% | +7.37% | 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.
IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait Middle East Eye
Source: Middle East Eye
18 earlier Strait of Hormuz stories for Amplify Commodity Trust (BWET)
Those 18 earlier stories put Amplify Commodity Trust (BWET) at an average move of +2.20% the next day. Largest gain +4.46%, largest drop -2.78%, from 18 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Amplify Commodity Trust (BWET) | the next day | +2.20% | +4.46% | -2.78% | 18 |
| Amplify Commodity Trust (BWET) | three days later | -11.16% | +1.56% | -24.41% | 18 |
| United States Oil Fund (USO) | the next day | -0.90% | +2.20% | -6.80% | 18 |
| United States Oil Fund (USO) | three days later | -5.73% | -4.19% | -13.51% | 12 |
| Teekay Tankers (TNK) | the next day | -0.66% | +2.88% | -5.59% | 18 |
| Teekay Tankers (TNK) | three days later | -6.84% | -2.67% | -12.48% | 11 |
| Frontline (FRO) | the next day | -0.29% | +5.13% | -7.77% | 18 |
| Frontline (FRO) | three days later | -8.76% | -3.03% | -15.01% | 11 |
- QatarEnergy buying US LNG to hedge against Hormuz disruptions - CEO
- Oil Tanker Catches Fire After Striking Naval Mines in Strait of Hormuz
- QatarEnergy buys LNG from US and others to hedge future Hormuz disruptions
- QatarEnergy buying US LNG to hedge against Hormuz disruptions
- Iran’s Revolutionary Guards say three oil tankers hit mines in Strait of Hormuz
- QatarEnergy turns to US LNG with Woodside deal as Hormuz force majeure drags on
The price since 6 Nov 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +24.54% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +38.94% | final price |
| DHT Holdings (DHT) | three days earlier | +17.01% | final price |
| DHT Holdings (DHT) | five days earlier | +22.29% | final price |
| Frontline (FRO) | three days earlier | +17.44% | final price |
| Frontline (FRO) | five days earlier | +27.38% | final price |
| International Seaways (INSW) | three days earlier | +10.91% | final price |
| International Seaways (INSW) | five days earlier | +18.39% | final price |
| Teekay Tankers (TNK) | three days earlier | +16.36% | final price |
| Teekay Tankers (TNK) | five days earlier | +22.76% | final price |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +13.96% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +7.37% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +13.27% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 23 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 67 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 23 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 44 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 65 days before publication. Filed 7 Oct 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).
Strait of Hormuz on the map for this story
Geopolitics Alpha has 173 stories about Strait of Hormuz from the past 7 days and 551 stories from the past 30. That is about its usual pace over the past month. “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait” is tagged to Strait of Hormuz.
Who collects and who pays in energy
The side that tends to collect
- TNK Teekay Tankers
For “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait,” Teekay Tankers (TNK) tends to benefit, medium confidence. 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
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 6 Nov 2026 story “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait.” 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
For “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait,” DHT Holdings (DHT) tends to benefit, medium confidence. 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
In “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait,” 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
No up or down call on file
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
In “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
Amplify Commodity Trust (BWET) and the energy link
On 6 Nov 2026, “IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait” is the story that connects Amplify Commodity Trust (BWET) to Strait of Hormuz.
The link for Amplify Commodity Trust (BWET) is this: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and 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. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 145.42.
What the saved facts support for Amplify Commodity Trust (BWET)
46 out of 100
“IRGC says two oil tankers ablaze after collision with mines in Hormuz Strait” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.