Shipping stocks Rally as Hormuz Traffic plunges 75%

Directly affected

• No company is named in this report.

Indirectly affected

• FRO Frontline

  Tanker operators earn more when freight rates spike

• INSW International Seaways

  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

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

• XLE Energy Select Sector SPDR

  Energy companies move with a Gulf supply scare

• ZIM ZIM Integrated Shipping

  Container lines are exposed when a shipping lane is disrupted

• MATX Matson

  Container lines are exposed when a shipping lane is disrupted

• XOM Exxon Mobil

  Oil producers earn more when crude prices rise

• DAL Delta Air Lines

  Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3