Geopolitics Alpha

New Tanker Explosion Reported in the Strait of Hormuz

Published . Updated .

Covered by 2 outlets: Mehr News Agency, WANA News Agency.

New Tanker Explosion Reported in the Strait of Hormuz

TEHRAN, Oct. 30 (MNA) – The UK Maritime Trade Operations (UKMTO) reported on Thuursday night a new explosion of yet another oil tanekr in the waters of 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+13.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • EWU iShares MSCI United Kingdom ETF-2.3% 30d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”).

  • 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.

  • XOM ExxonMobil Holdings+13.4% 16d

    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

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USO+0.80%-2.73%base+0.39%-6.80%after closeafter close
EWUNo price data for this ticker———————
FRO-6.45%-4.89%base+0.49%-7.77%after closeafter close
DHT-2.07%-3.81%base-0.54%-4.38%after closeafter close
INSW-2.50%-1.98%base-1.80%-7.05%after closeafter close
TNK-1.93%-3.00%base-1.02%-5.59%after closeafter close
XOM+0.03%-1.79%base+2.24%-1.85%after closeafter 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

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New tanker explosion reported in Strait of Hormuz Mehr News Agency

Source: Mehr News Agency

Strait of Hormuz

CompanyWhenMoveStatus
DHTthat day-0.54%final price
DHTthe next day-4.38%final price
DHTthree days earlier-3.81%final price
DHTfive days earlier-2.07%final price
FROthat day+0.49%final price
FROthe next day-7.77%final price
FROthree days earlier-4.89%final price
FROfive days earlier-6.45%final price
INSWthat day-1.80%final price
INSWthe next day-7.05%final price
INSWthree days earlier-1.98%final price
INSWfive days earlier-2.50%final price
TNKthat day-1.02%final price
TNKthe next day-5.59%final price
TNKthree days earlier-3.00%final price
TNKfive days earlier-1.93%final price
USOthat day+0.39%final price
USOthe next day-6.80%final price
USOthree days earlier-2.73%final price
USOfive days earlier+0.80%final price
XOMthat day+2.24%final price
XOMthe next day-1.85%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%final price

Trades by members of Congress and officials in the stocks in this story

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

Strait of Hormuz

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How solid “New Tanker Explosion Reported in the Strait of Hormuz” looks

25 out of 100

“New Tanker Explosion Reported in the Strait of Hormuz” scores 25 out of 100. The score uses 2 sources.