Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy
Published . Updated .
Tanker had switched off navigation systems while entering 'restricted' waters, according to Iranian Navy statement | Anadolu
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- FRO Frontline+14.2% 30d
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- DHT DHT Holdings
DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- INSW International Seaways+1.7% 11d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
- TNK Teekay Tankers
Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| FRO | -2.94% | -2.39% | base | after close | after close | after close | after close |
| DHT | -1.70% | -2.24% | base | after close | after close | after close | after close |
| INSW | +1.66% | -0.13% | base | after close | after close | after close | after close |
| TNK | +0.20% | -1.49% | 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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Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy Anadolu Ajansı
Source: Anadolu Ajansı
How Amplify Commodity Trust (BWET) moved across the last 14 energy stories
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -3.69% | -3.69% | -3.69% | 14 |
| United States Oil Fund (USO) | three days later | -1.37% | -1.37% | -1.37% | 14 |
| Frontline (FRO) | the next day | +1.83% | +3.90% | +1.67% | 14 |
| Frontline (FRO) | three days later | +6.89% | +6.89% | +6.89% | 13 |
- Reports of Explosion, Possible Damage to Giant Oil Tanker in Strait of Hormuz
- Shafaq News..Oil supertanker struck while exiting Strait of Hormuz
- Two 'unauthorised' oil tankers struck in Strait of Hormuz, Iran says
- US says helped Gulf nations export 1.5 bn barrels of oil through Hormuz
- Shafaq News..US: Hormuz oil exports exceed 1.5B barrels
- CENTCOM says helped Gulf nations export 1.5 billion barrels of oil via Hormuz
Amplify Commodity Trust (BWET) compared with energy stocks (XLE) since 2 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | three days earlier | -2.24% | final price |
| DHT Holdings (DHT) | five days earlier | -1.70% | final price |
| Frontline (FRO) | three days earlier | -2.39% | final price |
| Frontline (FRO) | five days earlier | -2.94% | final price |
| International Seaways (INSW) | three days earlier | -0.13% | final price |
| International Seaways (INSW) | five days earlier | +1.66% | final price |
| Teekay Tankers (TNK) | three days earlier | -1.49% | final price |
| Teekay Tankers (TNK) | five days earlier | +0.20% | final price |
| United States Oil Fund (USO) | three days earlier | -1.29% | final price |
| United States Oil Fund (USO) | five days earlier | -1.54% | final price |
Members of Congress who traded Amplify Commodity Trust (BWET) near this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 19 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 63 days before publication. Filed 25 Sep 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).
Strait of Hormuz, seven days against thirty
Geopolitics Alpha has 180 stories about Strait of Hormuz from the past 7 days and 475 stories from the past 30. That is faster than its usual pace over the past month. “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy” is tagged to Strait of Hormuz.
Amplify Commodity Trust (BWET) on one side of this energy story
The side that tends to collect
- FRO Frontline
For “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” Frontline (FRO) tends to benefit, medium confidence. Reason on file: Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- DHT DHT Holdings
For “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” DHT Holdings (DHT) tends to benefit, medium confidence. Reason on file: DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- INSW International Seaways
For “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” International Seaways (INSW) tends to benefit, medium confidence. Reason on file: International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
- TNK Teekay Tankers
Teekay Tankers (TNK) tends to benefit, medium confidence in the 2 Nov 2026 story “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy.” Reason on file: Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (tanker shipping) in this story
No up or down call on file
- BWET Amplify Commodity Trust
For “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
- USO United States Oil Fund
For “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy.” Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story
- XOM ExxonMobil Holdings
In “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
Amplify Commodity Trust (BWET) and the energy link
Amplify Commodity Trust (BWET) is the company in “Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy,” the 2 Nov 2026 Strait of Hormuz story.
For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
United States Oil Fund (USO) is here too. Its reason reads: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. ITA traded between 197.59 and 215.76 across 20 sessions. The latest close on file is 209.72. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83.
What the saved facts support for Amplify Commodity Trust (BWET)
46 out of 100
“Oil tanker catches fire after hitting naval mine east of Strait of Hormuz, says Iranian Navy” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.