Oil Prices Surge to Highest Level Since May as Houthi Attacks, Hormuz Threats Fuel Supply Fears
Published . Updated .
Global oil prices climbed to their highest levels since May on Thursday as renewed Houthi attacks in Saudi Arabia, threats to shipping
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
- ZIM ZIM Integrated Shipping
Container lines are exposed when a shipping lane is disrupted
- MATX Matson
Container lines are exposed when a shipping lane is disrupted
- DAC Danaos
Ship owners earn more when vessels are tied up longer
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
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Oil Prices Surge to Highest Level Since May as Houthi Attacks, Hormuz Threats Fuel Supply Fears The Diplomatic Insight
Source: The Diplomatic Insight
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How solid the energy case looks
12 out of 100
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