Oil majors face $32bn dilemma over Iran war windfall
Published . Updated .
This report is about Tanker rates and Iran. Names like FRO and INSW typically gain because tanker operators earn more when freight rates spike.
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline+4.7%
Tanker operators earn more when freight rates spike
- INSW International Seaways+0.8%
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+8.2%
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR+7.4%
Energy companies move with Iran supply risk
- LMT Lockheed Martin+14.2%
Defense contractors get more work when conflict spending rises
- RTX RTX-2.2%
Defense contractors get more work when conflict spending rises
- ZIM ZIM Integrated Shipping-1.2%
Container lines are exposed when a shipping lane is disrupted
- DAL Delta Air Lines-3.8%
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FRO | -0.02% | +5.26% | base | -6.61% | -6.74% | -9.85% | -10.57% |
| INSW | +2.66% | +4.74% | base | -4.67% | -7.35% | -11.71% | -11.78% |
| DHT | -0.12% | +5.17% | base | -6.05% | -5.45% | -7.66% | -6.37% |
| TNK | +4.88% | +6.58% | base | -4.63% | -4.85% | -6.93% | -7.08% |
| USO | -3.89% | -1.67% | base | +2.40% | +5.29% | +4.70% | +4.59% |
| XLE | -3.55% | -2.35% | base | -1.58% | +0.91% | +0.27% | +0.50% |
| LMT | -2.71% | -1.91% | base | +2.07% | +5.77% | +5.03% | +5.10% |
| RTX | -1.14% | +0.14% | base | +0.28% | +4.03% | +3.03% | +3.70% |
| ZIM | +1.39% | +3.50% | base | -1.09% | -2.14% | -2.90% | -2.38% |
| DAL | +7.17% | +4.50% | base | +1.84% | -1.68% | -2.64% | +0.04% |
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.
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Oil majors face $32bn dilemma over Iran war windfall Financial Times
Source: Financial Times
Energy
| Company | When | Move | Status |
|---|---|---|---|
| DAL | that day | +1.84% | final price |
| DAL | the next day | -1.68% | final price |
| DAL | two days later | -2.64% | final price |
| DAL | three days later | +0.04% | final price |
| DAL | three days earlier | +4.50% | final price |
| DAL | five days earlier | +7.17% | final price |
| DHT | that day | -6.05% | final price |
| DHT | the next day | -5.45% | final price |
| DHT | two days later | -7.66% | final price |
| DHT | three days later | -6.37% | final price |
| DHT | three days earlier | +5.17% | final price |
| DHT | five days earlier | -0.12% | final price |
| FRO | that day | -6.61% | final price |
| FRO | the next day | -6.74% | final price |
| FRO | two days later | -9.85% | final price |
| FRO | three days later | -10.57% | final price |
| FRO | three days earlier | +5.26% | final price |
| FRO | five days earlier | -0.02% | final price |
| INSW | that day | -4.67% | final price |
| INSW | the next day | -7.35% | final price |
| INSW | two days later | -11.71% | final price |
| INSW | three days later | -11.78% | final price |
| INSW | three days earlier | +4.74% | final price |
| INSW | five days earlier | +2.66% | final price |
| LMT | that day | +2.07% | final price |
| LMT | the next day | +5.77% | final price |
| LMT | two days later | +5.03% | final price |
| LMT | three days later | +5.10% | final price |
| LMT | three days earlier | -1.91% | final price |
| LMT | five days earlier | -2.71% | final price |
| RTX | that day | +0.28% | final price |
| RTX | the next day | +4.03% | final price |
| RTX | two days later | +3.03% | final price |
| RTX | three days later | +3.70% | final price |
| RTX | three days earlier | +0.14% | final price |
| RTX | five days earlier | -1.14% | final price |
| TNK | that day | -4.63% | final price |
| TNK | the next day | -4.85% | final price |
| TNK | two days later | -6.93% | final price |
| TNK | three days later | -7.08% | final price |
| TNK | three days earlier | +6.58% | final price |
| TNK | five days earlier | +4.88% | final price |
| USO | that day | +2.40% | final price |
| USO | the next day | +5.29% | final price |
| USO | two days later | +4.70% | final price |
| USO | three days later | +4.59% | final price |
| USO | three days earlier | -1.67% | final price |
| USO | five days earlier | -3.89% | final price |
| XLE | that day | -1.58% | final price |
| XLE | the next day | +0.91% | final price |
| XLE | two days later | +0.27% | final price |
| XLE | three days later | +0.50% | final price |
| XLE | three days earlier | -2.35% | final price |
| XLE | five days earlier | -3.55% | final price |
| XOM | that day | -1.27% | final price |
| XOM | the next day | +1.15% | final price |
| XOM | two days later | +0.71% | final price |
| XOM | three days later | +0.51% | final price |
| XOM | three days earlier | -2.71% | final price |
| XOM | five days earlier | -4.76% | final price |
| ZIM | that day | -1.09% | final price |
| ZIM | the next day | -2.14% | final price |
| ZIM | two days later | -2.90% | final price |
| ZIM | three days later | -2.38% | final price |
| ZIM | three days earlier | +3.50% | final price |
| ZIM | five days earlier | +1.39% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 22 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 22 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 28 days before publication. Filed 13 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold RTX, worth $100,001 - $250,000 on 31 Jul 2026. That is 76 days before publication. Filed 22 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought RTX, worth $1,001 - $15,000 on 23 Jul 2026. That is 84 days before publication. Filed 22 Sep 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).
How solid the energy case looks
12 out of 100
“Oil majors face $32bn dilemma over Iran war windfall” scores 12 out of 100. The score uses 1 sources.