Oil tanker hits mines in Strait of Hormuz, Iran’s navy says
Published . Updated .
“An offending oil tanker, which had ignored warnings and was navigating within a prohibited and unsafe zone east of the Strait of Hormuz, ca...
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.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.
- 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.
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 | — | — | — | — | — | — | — |
| USO | -1.54% | -1.29% | base | after close | after close | after close | after close |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| 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 |
| XOM | -1.45% | -2.77% | 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 hits mines in Strait of Hormuz, Iran’s navy says Latest news from Azerbaijan
Source: Latest news from Azerbaijan
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 | +3.14% | +6.10% | -3.69% | 14 |
| United States Oil Fund (USO) | three days later | +2.36% | +4.59% | -1.37% | 14 |
| Frontline (FRO) | the next day | +5.29% | +7.75% | -6.74% | 14 |
| Frontline (FRO) | three days later | +6.71% | +9.23% | -10.57% | 14 |
- Oil: Hormuz risks and freight costs drive prices higher – Rabobank
- Donald Trump claims Iran faked Strait of Hormuz attacks to influence midterm elections
- Trump claims Iran is 'faking hits' in Hormuz to drive up oil prices ahead of midterms
- Iran says 7 oil tankers damaged in Strait of Hormuz, and other Middle East news
- Iran says 7 oil tankers were attacked in the Strait of Hormuz as fears grow of a return to war
- Iran says 7 oil tankers attacked in the Strait of Hormuz as fears of a return to war grow
The price since 31 Oct 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| 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 |
| ExxonMobil Holdings (XOM) | three days earlier | -2.77% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -1.45% | final price |
Congressional trades in Amplify Commodity Trust (BWET) around 31 Oct 2026
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 17 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 61 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).
The Strait of Hormuz count beside this story
Geopolitics Alpha has 173 stories about Strait of Hormuz from the past 7 days and 435 stories from the past 30. That is faster than its usual pace over the past month. “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says” is tagged to Strait of Hormuz.
Who gains and who pays if Strait of Hormuz stays in the story
Companies that tend to gain
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 31 Oct 2026 story “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says.” 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
In “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says,” 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
International Seaways (INSW) tends to benefit, medium confidence in the 31 Oct 2026 story “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says.” 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 31 Oct 2026 story “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says.” 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
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says.” 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
In “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says,” 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
In “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. 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
For “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says,” 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
How “Oil tanker hits mines in Strait of Hormuz, Iran’s navy says” reaches Amplify Commodity Trust (BWET)
“Oil tanker hits mines in Strait of Hormuz, Iran’s navy says” (31 Oct 2026) reaches Amplify Commodity Trust (BWET) through Strait of Hormuz.
What ties Amplify Commodity Trust (BWET) to the headline is this: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Dates in the story, and the Amplify Commodity Trust (BWET) price range
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.
How strong the case is around Amplify Commodity Trust (BWET)
46 out of 100
“Oil tanker hits mines in Strait of Hormuz, Iran’s navy says” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.