Oil tanker on fire in Strait of Hormuz after mine collision
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Iran's navy reports that an oil tanker caught fire after colliding with a naval mine while travelling through a "prohibited" area in the eastern Strait of Hormuz.
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-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “navy” (defense) in this story.
- FRO Frontline+1.0% 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-10.8% 16d
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-2.7% 17d
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 |
|---|---|---|---|---|---|---|---|
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| ITA | +3.67% | +2.77% | base | after close | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | after close | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | after close | after close | after close | after close |
| INSW | +7.59% | +1.40% | base | after close | after close | after close | after close |
| TNK | +11.16% | +3.34% | base | after close | after close | after close | after close |
| XOM | +8.37% | +2.16% | 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.
Oil tanker on fire in Strait of Hormuz after mine collision Middle East Eye
Source: Middle East Eye
How Amplify Commodity Trust (BWET) moved across the last 18 energy stories
Those 18 earlier stories put Amplify Commodity Trust (BWET) at an average move of -4.12% the next day. Largest gain -2.78%, largest drop -10.37%, from 17 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| Amplify Commodity Trust (BWET) | the next day | -4.12% | -2.78% | -10.37% | 17 |
| Amplify Commodity Trust (BWET) | three days later | -25.05% | -24.41% | -28.03% | 17 |
| United States Oil Fund (USO) | the next day | -6.74% | -6.32% | -6.80% | 17 |
| United States Oil Fund (USO) | three days later | -13.26% | -12.25% | -13.51% | 10 |
| Frontline (FRO) | the next day | -7.77% | -7.77% | -7.80% | 17 |
| Frontline (FRO) | three days later | -15.93% | -15.01% | -20.52% | 12 |
| DHT Holdings (DHT) | the next day | -4.37% | -4.32% | -4.38% | 17 |
| DHT Holdings (DHT) | three days later | -12.93% | -12.14% | -16.85% | 12 |
- IRGC Claims Third Tanker Exploded by Sea Mine in Strait of Hormuz
- Oil Prices Rise After Hormuz Tanker Attack, Houthi Claims Stoke Supply Fears
- Oil Poised for Fourth Monthly Gain Amid Hormuz Supply Risks
- Gold drops below $4,000, silver tumbles as Hormuz attack lifts oil prices - Kitco AM Report
- Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room
- Tanker Hit by Limpet Mines in Strait of Hormuz as New Threat to Shipping Emerges
How far Amplify Commodity Trust (BWET) has moved since 7 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| DHT Holdings (DHT) | three days earlier | +6.67% | final price |
| DHT Holdings (DHT) | five days earlier | +15.43% | final price |
| Frontline (FRO) | three days earlier | +6.76% | final price |
| Frontline (FRO) | five days earlier | +14.63% | final price |
| International Seaways (INSW) | three days earlier | +1.40% | final price |
| International Seaways (INSW) | five days earlier | +7.59% | final price |
| ITA | three days earlier | +2.77% | final price |
| ITA | five days earlier | +3.67% | final price |
| Teekay Tankers (TNK) | three days earlier | +3.34% | final price |
| Teekay Tankers (TNK) | five days earlier | +11.16% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 24 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 68 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 24 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 45 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 66 days before publication. Filed 7 Oct 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 145 stories about Strait of Hormuz from the past 7 days and 590 stories from the past 30. That is about its usual pace over the past month. “Oil tanker on fire in Strait of Hormuz after mine collision” is tagged to Strait of Hormuz.
Who gains and who pays if Strait of Hormuz stays in the story
The side that tends to collect
- FRO Frontline
Frontline (FRO) tends to benefit, medium confidence in the 7 Nov 2026 story “Oil tanker on fire in Strait of Hormuz after mine collision.” 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 on fire in Strait of Hormuz after mine collision,” 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 on fire in Strait of Hormuz after mine collision,” 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
In “Oil tanker on fire in Strait of Hormuz after mine collision,” Teekay Tankers (TNK) tends to benefit, medium confidence. 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 on fire in Strait of Hormuz after mine collision,” 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
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Oil tanker on fire in Strait of Hormuz after mine collision.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “Oil tanker on fire in Strait of Hormuz after mine collision.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “Oil tanker on fire in Strait of Hormuz after mine collision,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
From Strait of Hormuz to Amplify Commodity Trust (BWET)
The 7 Nov 2026 story “Oil tanker on fire in Strait of Hormuz after mine collision” names Amplify Commodity Trust (BWET) because of Strait of Hormuz.
The link for Amplify Commodity Trust (BWET) 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
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. FRO traded between 47.51 and 59.74 across 20 sessions. The latest close on file is 48.49. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41.
What the saved facts support for Amplify Commodity Trust (BWET)
46 out of 100
“Oil tanker on fire in Strait of Hormuz after mine collision” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.