Geopolitics Alpha

Reports of Explosion, Possible Damage to Giant Oil Tanker in Strait of Hormuz

Published . Updated .

Reports of Explosion, Possible Damage to Giant Oil Tanker in Strait of Hormuz

Initial reports indicate that an explosion occurred in the Strait of Hormuz, with a giant crude oil tanker potentially sustaining damage...

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline+4.7%

    Tanker operators earn more when freight rates spike

  • INSW International Seaways+0.8%

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund+8.2%

    Tracks U.S. crude prices when Gulf supply is at risk

  • XLE Energy Select Sector SPDR+7.4%

    Energy companies move with a Gulf supply scare

  • ZIM ZIM Integrated Shipping-1.2%

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson-5.7%

    Container lines are exposed when a shipping lane is disrupted

  • XOM Exxon Mobil+11.0%

    Oil producers earn more when crude prices rise

  • DAL Delta Air Lines-3.8%

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO-4.16%-3.04%baseafter closeafter closeafter closeafter close
INSW-5.43%+0.49%baseafter closeafter closeafter closeafter close
DHT-6.23%-1.71%baseafter closeafter closeafter closeafter close
TNK-4.67%-3.50%baseafter closeafter closeafter closeafter close
USO-5.13%-5.78%baseafter closeafter closeafter closeafter close
XLE-2.19%-1.69%baseafter closeafter closeafter closeafter close
ZIM-1.23%-0.66%baseafter closeafter closeafter closeafter close
MATX+1.35%+2.85%baseafter closeafter closeafter closeafter close
XOM-2.72%-2.80%baseafter closeafter closeafter closeafter close
DAL-2.77%+1.20%baseafter closeafter closeafter 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.

Market Call

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Reports of Explosion, Possible Damage to Giant Oil Tanker in Strait of Hormuz WANA News Agency

Source: WANA News Agency

Strait of Hormuz

CompanyWhenMoveStatus
DALthree days earlier+1.20%final price
DALfive days earlier-2.77%final price
DHTthree days earlier-1.71%final price
DHTfive days earlier-6.23%final price
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
INSWthree days earlier+0.49%final price
INSWfive days earlier-5.43%final price
MATXthree days earlier+2.85%final price
MATXfive days earlier+1.35%final price
TNKthree days earlier-3.50%final price
TNKfive days earlier-4.67%final price
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XLEthree days earlier-1.69%final price
XLEfive days earlier-2.19%final price
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price
ZIMthree days earlier-0.66%final price
ZIMfive days earlier-1.23%final price

Trades by members of Congress and officials in the stocks in this story

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

Strait of Hormuz

Geopolitics Alpha has 133 stories about Strait of Hormuz from the past 7 days and 262 stories from the past 30. That is faster than its usual pace over the past month. “Reports of Explosion, Possible Damage to Giant Oil Tanker in Strait of Hormuz” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100

“Reports of Explosion, Possible Damage to Giant Oil Tanker in Strait of Hormuz” scores 12 out of 100. The score uses 1 sources.