Oman rescues 25 from burning oil tanker in Strait of Hormuz
Published . Updated .
Incident comes as Iran says three oil tankers were halted while attempting to use 'unauthorised routes' to cross Hormuz.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund+9.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.
- FRO Frontline+10.0% 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+3.4% 10d
International Seaways (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+10.9% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+10.5% 30d
Chevron (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 | +0.80% | -2.73% | base | +1.28% | after close | after close | after close |
| TNK | -1.93% | -3.00% | base | -1.05% | after close | after close | after close |
| FRO | -6.45% | -4.89% | base | -0.33% | after close | after close | after close |
| DHT | -2.07% | -3.81% | base | -0.62% | after close | after close | after close |
| INSW | -2.50% | -1.98% | base | -1.77% | after close | after close | after close |
| XOM | +0.03% | -1.79% | base | +1.87% | after close | after close | after close |
| CVXNo price data for this ticker | — | — | — | — | — | — | — |
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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Oman rescues 25 from burning oil tanker in Strait of Hormuz Al Jazeera
Source: Al Jazeera
What happened to Amplify Commodity Trust (BWET) the last 15 times Strait of Hormuz was in the news
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +4.28% | +6.10% | -0.66% | 15 |
| United States Oil Fund (USO) | three days later | +2.25% | +2.58% | +0.46% | 15 |
| Frontline (FRO) | the next day | +4.50% | +7.75% | -4.11% | 15 |
| Frontline (FRO) | three days later | +6.13% | +9.23% | -2.33% | 15 |
| DHT Holdings (DHT) | the next day | +1.62% | +1.88% | -0.97% | 15 |
| DHT Holdings (DHT) | three days later | +0.92% | +2.33% | -0.06% | 15 |
- Malaysia's trade surges 27% amid tariffs, Hormuz closure
- Iran says seven oil tankers damaged in Strait of Hormuz
- Iran says 7 tankers on fire or damaged overnight in the Strait of Hormuz, and other Mideast news
- Iraq is looking to charter tankers to ship fuel oil outside of the Strait of Hormuz
- WTI crude squeezed between Hormuz risk and diesel ban speculation
- IRGC says four vessels carrying oil hit mines near Hormuz, warns US of wider responses
Amplify Commodity Trust (BWET) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | that day | -0.62% | still updating |
| DHT Holdings (DHT) | three days earlier | -3.81% | final price |
| DHT Holdings (DHT) | five days earlier | -2.07% | final price |
| Frontline (FRO) | that day | -0.33% | still updating |
| Frontline (FRO) | three days earlier | -4.89% | final price |
| Frontline (FRO) | five days earlier | -6.45% | final price |
| International Seaways (INSW) | that day | -1.77% | still updating |
| International Seaways (INSW) | three days earlier | -1.98% | final price |
| International Seaways (INSW) | five days earlier | -2.50% | final price |
| Teekay Tankers (TNK) | that day | -1.05% | still updating |
| Teekay Tankers (TNK) | three days earlier | -3.00% | final price |
| Teekay Tankers (TNK) | five days earlier | -1.93% | final price |
| United States Oil Fund (USO) | that day | +1.28% | still updating |
| United States Oil Fund (USO) | three days earlier | -2.73% | final price |
| United States Oil Fund (USO) | five days earlier | +0.80% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.87% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | -1.79% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +0.03% | 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 16 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 60 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 16 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 37 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 58 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).
Where this story sits: Strait of Hormuz
Geopolitics Alpha has 136 stories about Strait of Hormuz from the past 7 days and 386 stories from the past 30. That is faster than its usual pace over the past month. “Oman rescues 25 from burning oil tanker in Strait of Hormuz” is tagged to Strait of Hormuz.
Who collects and who pays in energy
The side that tends to collect
- FRO Frontline
For “Oman rescues 25 from burning oil tanker in Strait of Hormuz,” 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
DHT Holdings (DHT) tends to benefit, medium confidence in the 30 Oct 2026 story “Oman rescues 25 from burning oil tanker in Strait of Hormuz.” 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 30 Oct 2026 story “Oman rescues 25 from burning oil tanker in Strait of Hormuz.” 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 30 Oct 2026 story “Oman rescues 25 from burning oil tanker in Strait of Hormuz.” 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 “Oman rescues 25 from burning oil tanker in Strait of Hormuz,” 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 30 Oct 2026 story “Oman rescues 25 from burning oil tanker in Strait of Hormuz.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
In “Oman rescues 25 from burning oil tanker in Strait of Hormuz,” 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
- CVX Chevron
For “Oman rescues 25 from burning oil tanker in Strait of Hormuz,” 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
How “Oman rescues 25 from burning oil tanker in Strait of Hormuz” reaches Amplify Commodity Trust (BWET)
“Oman rescues 25 from burning oil tanker in Strait of Hormuz” (30 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
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 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. FRO traded between 49.05 and 59.74 across 20 sessions. The latest close on file is 56.57. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 168.21.
How strong the case is around Amplify Commodity Trust (BWET)
46 out of 100Price not final
“Oman rescues 25 from burning oil tanker in Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.