Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies
Published . Updated .
In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
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
Tracks U.S. crude prices when Gulf supply is at risk
- XLE Energy Select Sector SPDR
Energy companies move with a Gulf supply scare
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
In a volatile moment for energy markets, more vessels are being hit while transiting the Strait of Hormuz, while the Houthis and Saudi Arabia traded attacks.
Source: The New York Times
Strait of Hormuz
Strait of Hormuz, seven days against thirty
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How solid the energy case looks
12 out of 100
“Oil Prices Rise as Iran Steps Up Attacks and Fighting Intensifies” scores 12 out of 100. The score uses 1 sources.