Geopolitics Alpha

Oil prices sink amid tanker attacks near Hormuz, reports of easing U.S. sanctions

Published . Updated .

Oil prices sink amid tanker attacks near Hormuz, reports of easing U.S. sanctions Investing.com

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

  • XOM Exxon Mobil

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron

    Oil producers move when sanctioned barrels leave the market

  • 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

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
XOM———————
CVX———————
ZIM———————
DAL———————

Oil prices sink amid tanker attacks near Hormuz, reports of easing U.S. sanctions Investing.com

Source: Investing.com

Strait of Hormuz

SPY
XLE

The Strait of Hormuz count beside this story

Strait of Hormuz has 198 linked stories in the last 7 days and 198 in the last 30 on the page that also carries “Oil prices sink amid tanker attacks near Hormuz, reports of easing U.S. sanctions.” The recent pace is rising.

How solid the energy case looks

12 out of 100

“Oil prices sink amid tanker attacks near Hormuz, reports of easing U.S. sanctions” scores 12 out of 100. The score uses 1 sources.