South Korean Shipowner Sinokor Dominates Hormuz Transits as Oil Flows Rebound
Published . Updated .
This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- EWY iShares MSCI South Korea ETF
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”).
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- FRO Frontline
Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “oil” (tanker shipping) in this story.
- CVX Chevron
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 “oil” (tanker shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | -0.46% | -1.11% | base | +4.31% | +2.68% | +0.50% | after close |
| XLE | +0.97% | +0.55% | base | +2.56% | +2.88% | +1.02% | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| EWYNo price data for this ticker | — | — | — | — | — | — | — |
| XOM | +0.46% | -0.17% | base | +2.81% | +3.24% | +1.13% | after close |
| FRO | +2.38% | -1.82% | base | +3.26% | +7.75% | +4.99% | after close |
| CVX | -0.70% | -0.41% | base | +3.00% | +2.27% | +0.85% | after close |
| DHT | -2.28% | -3.23% | base | +1.78% | +1.88% | -0.02% | 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.
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South Korean Shipowner Sinokor Dominates Hormuz Transits as Oil Flows Rebound gCaptain
Source: gCaptain
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| CVX | that day | +3.00% | final price |
| CVX | the next day | +2.27% | final price |
| CVX | two days later | +0.85% | final price |
| CVX | three days earlier | -0.41% | final price |
| CVX | five days earlier | -0.70% | final price |
| DHT | that day | +1.78% | final price |
| DHT | the next day | +1.88% | final price |
| DHT | two days later | -0.02% | final price |
| DHT | three days earlier | -3.23% | final price |
| DHT | five days earlier | -2.28% | final price |
| FRO | that day | +3.26% | final price |
| FRO | the next day | +7.75% | final price |
| FRO | two days later | +4.99% | final price |
| FRO | three days earlier | -1.82% | final price |
| FRO | five days earlier | +2.38% | final price |
| USO | that day | +4.31% | final price |
| USO | the next day | +2.68% | final price |
| USO | two days later | +0.50% | final price |
| USO | three days earlier | -1.11% | final price |
| USO | five days earlier | -0.46% | final price |
| XLE | that day | +2.56% | final price |
| XLE | the next day | +2.88% | final price |
| XLE | two days later | +1.02% | final price |
| XLE | three days earlier | +0.55% | final price |
| XLE | five days earlier | +0.97% | final price |
| XOM | that day | +2.81% | final price |
| XOM | the next day | +3.24% | final price |
| XOM | two days later | +1.13% | final price |
| XOM | three days earlier | -0.17% | final price |
| XOM | five days earlier | +0.46% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 53 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 84 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 30 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 51 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 58 days before publication. Filed 8 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 112 stories about Strait of Hormuz from the past 7 days and 312 stories from the past 30. That is faster than its usual pace over the past month. “South Korean Shipowner Sinokor Dominates Hormuz Transits as Oil Flows Rebound” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100
“South Korean Shipowner Sinokor Dominates Hormuz Transits as Oil Flows Rebound” scores 12 out of 100. The score uses 1 sources.