Geopolitics Alpha

Oil Prices Surge Above $111 as Houthis Strike Saudi Targets

Published . Updated .

ENERGY · RED SEAOil Prices Surge Above $111 asHouthis Strike Saudi TargetsGEOPOLITICS ALPHA

This report is about Red Sea and Defense. Names like ZIM and MATX typically gain because container lines are exposed when a shipping lane is disrupted.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping-1.9%

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson-5.7%

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos+3.4%

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease-8.6%

    Ship owners earn more when vessels are tied up longer

  • 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

  • SBLK Star Bulk Carriers-6.6%

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

  • XOM Exxon Mobil+7.9%

    Oil producers earn more when crude prices rise

  • CVX Chevron+6.6%

    Oil producers earn more when crude prices rise

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ZIM———————
MATX———————
DAC———————
GSL———————
LMT———————
RTX———————
SBLK———————
GOGL———————
XOM———————
CVX———————

Market Call

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Oil Prices Surge Above $111 as Houthis Strike Saudi Targets Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

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Red Sea, seven days against thirty

Red Sea has 117 linked stories in the last 7 days and 117 in the last 30 on the page that also carries “Oil Prices Surge Above $111 as Houthis Strike Saudi Targets.” The recent pace is rising.

How solid the energy case looks

25 out of 100

“Oil Prices Surge Above $111 as Houthis Strike Saudi Targets” scores 25 out of 100. The score uses 2 sources.