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Directly affected

• No company is named in this report.

Indirectly affected

• FRO Frontline

  Tanker operators earn more when freight rates spike

• INSW International Seaways

  Tanker operators earn more when freight rates spike

• DHT DHT Holdings

  Tanker operators earn more when freight rates spike

• TNK Teekay Tankers

  Tanker operators earn more when freight rates spike

• USO United States Oil Fund

  Oil prices move when Iranian supply is at risk

• XLE Energy Select Sector SPDR

  Energy companies move with Iran supply risk

• XOM Exxon Mobil

  Oil producers earn more when crude prices rise

• CVX Chevron

  Oil producers earn more when crude prices rise

• STNG Scorpio Tankers

  Tanker operators earn more when freight rates spike

• DAL Delta Air Lines

  Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3