Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze
Published . Updated .
Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.
Directly affected
- No company is named in this report.
Indirectly affected
- FRO Frontline+1.5%
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+0.9%
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR+4.9%
Energy companies move with Iran supply risk
- LMT Lockheed Martin+4.2%
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- ZIM ZIM Integrated Shipping-1.9%
Container lines are exposed when a shipping lane is disrupted
- DAL Delta Air Lines-0.7%
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 | +2.38% | -1.82% | base | after close | after close | after close | after close |
| INSW | +1.36% | -3.49% | base | after close | after close | after close | after close |
| DHT | -2.28% | -3.23% | base | after close | after close | after close | after close |
| TNK | +1.72% | -0.66% | base | after close | after close | after close | after close |
| USO | -0.46% | -1.11% | base | after close | after close | after close | after close |
| XLE | +0.97% | +0.55% | base | after close | after close | after close | after close |
| LMT | -6.43% | -7.02% | base | after close | after close | after close | after close |
| RTX | -0.33% | -0.66% | base | after close | after close | after close | after close |
| ZIM | +0.53% | +0.29% | base | after close | after close | after close | after close |
| DAL | -4.91% | -3.24% | 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.
Market Call
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Wall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across financial markets.
Source: MarketWatch
Energy
| Company | When | Move | Status |
|---|---|---|---|
| DAL | three days earlier | -3.24% | final price |
| DAL | five days earlier | -4.91% | final price |
| DHT | three days earlier | -3.23% | final price |
| DHT | five days earlier | -2.28% | final price |
| FRO | three days earlier | -1.82% | final price |
| FRO | five days earlier | +2.38% | final price |
| INSW | three days earlier | -3.49% | final price |
| INSW | five days earlier | +1.36% | final price |
| LMT | three days earlier | -7.02% | final price |
| LMT | five days earlier | -6.43% | final price |
| RTX | three days earlier | -0.66% | final price |
| RTX | five days earlier | -0.33% | final price |
| TNK | three days earlier | -0.66% | final price |
| TNK | five days earlier | +1.72% | final price |
| USO | three days earlier | -1.11% | final price |
| USO | five days earlier | -0.46% | final price |
| XLE | three days earlier | +0.55% | final price |
| XLE | five days earlier | +0.97% | final price |
| ZIM | three days earlier | +0.29% | final price |
| ZIM | five days earlier | +0.53% | final price |
Energy
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 29 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 29 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 35 days before publication. Filed 13 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).
How solid the energy case looks
12 out of 100
“Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeeze” scores 12 out of 100. The score uses 1 sources.