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Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room

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ENERGY · STRAIT OF HORMUZRare Speedboat Attack in HormuzIgnites Tanker’s Engine RoomGEOPOLITICS ALPHA

This report is about tanker shipping and oil. Names like FRO and DHT typically gain because 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.

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+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “hormuz” (oil) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF+0.3% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “hormuz” (defense) in this story.

  • FRO Frontline+8.7% 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-3.9% 12d

    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+6.2% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “hormuz” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
BWET-4.39%-4.27%base+0.00%-2.78%after closeafter close
USO+0.80%-2.73%base+0.39%-6.80%after closeafter close
ITA-5.65%-3.85%base-2.19%+0.11%+0.72%after close
FRO-6.45%-4.89%base+0.49%-7.77%-9.10%after close
DHT-2.07%-3.81%base-0.54%-4.38%-6.26%after close
INSW-2.50%-1.98%base-1.80%-7.05%-7.38%after close
TNK-1.93%-3.00%base-1.02%-5.59%-5.22%after close
XOM+0.03%-1.79%base+2.24%-1.85%after closeafter 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.

Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room Bloomberg.com

Source: Bloomberg

Strait of Hormuz

CompanyWhenMoveStatus
BWETthat day0.00%final price
BWETthe next day-2.78%final price
BWETthree days earlier-4.27%final price
BWETfive days earlier-4.39%final price
DHTthat day-0.54%final price
DHTthe next day-4.38%final price
DHTtwo days later-6.26%still updating
DHTthree days earlier-3.81%final price
DHTfive days earlier-2.07%final price
FROthat day+0.49%final price
FROthe next day-7.77%final price
FROtwo days later-9.10%still updating
FROthree days earlier-4.89%final price
FROfive days earlier-6.45%final price
INSWthat day-1.80%final price
INSWthe next day-7.05%final price
INSWtwo days later-7.38%still updating
INSWthree days earlier-1.98%final price
INSWfive days earlier-2.50%final price
ITAthat day-2.19%final price
ITAthe next day+0.11%final price
ITAtwo days later+0.72%still updating
ITAthree days earlier-3.85%final price
ITAfive days earlier-5.65%final price
TNKthat day-1.02%final price
TNKthe next day-5.59%final price
TNKtwo days later-5.22%still updating
TNKthree days earlier-3.00%final price
TNKfive days earlier-1.93%final price
USOthat day+0.39%final price
USOthe next day-6.80%final price
USOthree days earlier-2.73%final price
USOfive days earlier+0.80%final price
XOMthat day+2.24%final price
XOMthe next day-1.85%final price
XOMthree days earlier-1.79%final price
XOMfive days earlier+0.03%final price

Strait of Hormuz

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 on the map for this story

Strait of Hormuz

Geopolitics Alpha has 190 stories about Strait of Hormuz from the past 7 days and 497 stories from the past 30. That is faster than its usual pace over the past month. “Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100Price not final

“Rare Speedboat Attack in Hormuz Ignites Tanker’s Engine Room” scores 12 out of 100. The score uses 1 sources. The price is not final yet.