Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply
Published . Updated .
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This report is about oil and tanker shipping. 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
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- 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.
- FRO Frontline+1.0% 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-10.8% 16d
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-2.7% 17d
ExxonMobil Holdings (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 |
|---|---|---|---|---|---|---|---|
| USO | +5.62% | -2.06% | base | -3.90% | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | +0.56% | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | -13.59% | after close | after close | after close |
| FRO | +14.63% | +6.76% | base | -2.51% | after close | after close | after close |
| DHT | +15.43% | +6.67% | base | -0.53% | after close | after close | after close |
| INSW | +7.59% | +1.40% | base | -2.55% | after close | after close | after close |
| TNK | +11.16% | +3.34% | base | -0.73% | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | -0.67% | after close | after close | 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.
Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply StoneX
Source: StoneX
Earlier energy stories for United States Oil Fund (USO): 15 cases
Those 15 earlier stories put United States Oil Fund (USO) at an average move of -6.12% the next day. Largest gain -3.69%, largest drop -6.32%, from 13 prices.
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | -6.12% | -3.69% | -6.32% | 13 |
| United States Oil Fund (USO) | three days later | -11.41% | -1.37% | -12.25% | 13 |
| Select Sector Spdr Tr (XLE) | the next day | -4.25% | -1.51% | -4.71% | 7 |
| Select Sector Spdr Tr (XLE) | three days later | -9.93% | -0.87% | -11.87% | 7 |
| Amplify Commodity Trust (BWET) | the next day | -10.37% | -10.37% | -10.37% | 14 |
| Amplify Commodity Trust (BWET) | three days later | -28.03% | -28.03% | -28.03% | 14 |
| Frontline (FRO) | the next day | -7.07% | +1.67% | -7.80% | 13 |
| Frontline (FRO) | three days later | -17.88% | +6.89% | -21.50% | 10 |
- Pakistan-bound LNG tanker attacked near Hormuz despite Iran clearance - Bloomberg
- OPEC+ December Output Targets Unchanged Amid Hormuz Closure
- Shipping Strikes In Hormuz Leave Both Sides With Economic Pain
- IRANIAN NAVY REPORTS OIL TANKER FIRE IN STRAIT OF HORMUZ FOLLOWING MINE INCIDENT – STATE MEDIA
- Higher Strait of Hormuz flows help close the gap in product tanker rates
- Iran Reports Explosions on Two Oil Tankers in Strait of Hormuz
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -13.59% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| DHT Holdings (DHT) | that day | -0.53% | final price |
| DHT Holdings (DHT) | three days earlier | +6.67% | final price |
| DHT Holdings (DHT) | five days earlier | +15.43% | final price |
| Frontline (FRO) | that day | -2.51% | final price |
| Frontline (FRO) | three days earlier | +6.76% | final price |
| Frontline (FRO) | five days earlier | +14.63% | final price |
| International Seaways (INSW) | that day | -2.55% | final price |
| International Seaways (INSW) | three days earlier | +1.40% | final price |
| International Seaways (INSW) | five days earlier | +7.59% | final price |
| Teekay Tankers (TNK) | that day | -0.73% | final price |
| Teekay Tankers (TNK) | three days earlier | +3.34% | final price |
| Teekay Tankers (TNK) | five days earlier | +11.16% | final price |
| United States Oil Fund (USO) | that day | -3.90% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.56% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
| ExxonMobil Holdings (XOM) | that day | -0.67% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Members of Congress who traded United States Oil Fund (USO) near this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 26 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 70 days before publication. Filed 25 Sep 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).
The Strait of Hormuz count beside this story
Geopolitics Alpha has 172 stories about Strait of Hormuz from the past 7 days and 648 stories from the past 30. That is about its usual pace over the past month. “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply” is tagged to Strait of Hormuz.
United States Oil Fund (USO) on one side of this energy story
Likely winners
- FRO Frontline
In “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” 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
In “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” DHT Holdings (DHT) tends to benefit, medium confidence. 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 9 Nov 2026 story “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply.” 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
For “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” Teekay Tankers (TNK) tends to benefit, medium confidence. 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
- USO United States Oil Fund
For “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
In “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
In “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” 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
- XOM ExxonMobil Holdings
In “Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply,” 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
What Strait of Hormuz means for United States Oil Fund (USO)
“Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply” (9 Nov 2026) reaches United States Oil Fund (USO) through Strait of Hormuz.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
What this energy story puts on the calendar
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How solid the energy case looks
46 out of 100
“Strait of Hormuz Tanker Traffic Is the Test for Normal Oil Supply” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.