Geopolitics Alpha

Tanker Attacks in the Strait of Hormuz Push Brent Crude Toward $100 Mark

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

Tanker Attacks in the Strait of Hormuz Push Brent Crude Toward $100 Mark

Fresh reports of tanker attacks in the Strait of Hormuz—with at least five vessels reporting incidents—combined with the market reassessing the risk…

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-5.0% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “crude” (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-9.6% 14d

    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 “crude” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+13.96%+6.75%baseafter closeafter closeafter closeafter close
XLE+13.47%+8.12%baseafter closeafter closeafter closeafter close
BWET+38.94%+24.54%baseafter closeafter closeafter closeafter close
FRO+27.38%+17.44%baseafter closeafter closeafter closeafter close
DHT+22.29%+17.01%baseafter closeafter closeafter closeafter close
INSW+18.39%+10.91%baseafter closeafter closeafter closeafter close
TNK+22.76%+16.36%baseafter closeafter closeafter closeafter close
XOM+13.27%+7.37%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.

Tanker Attacks in the Strait of Hormuz Push Brent Crude Toward $100 Mark BigGo Finance

Source: BigGo Finance

Strait of Hormuz

CompanyWhenMoveStatus
BWETthree days earlier+24.54%final price
BWETfive days earlier+38.94%final price
DHTthree days earlier+17.01%final price
DHTfive days earlier+22.29%final price
FROthree days earlier+17.44%final price
FROfive days earlier+27.38%final price
INSWthree days earlier+10.91%final price
INSWfive days earlier+18.39%final price
TNKthree days earlier+16.36%final price
TNKfive days earlier+22.76%final price
USOthree days earlier+6.75%final price
USOfive days earlier+13.96%final price
XLEthree days earlier+8.12%final price
XLEfive days earlier+13.47%final price
XOMthree days earlier+7.37%final price
XOMfive days earlier+13.27%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).

How busy Strait of Hormuz has been lately

Strait of Hormuz

Geopolitics Alpha has 180 stories about Strait of Hormuz from the past 7 days and 537 stories from the past 30. That is faster than its usual pace over the past month. “Tanker Attacks in the Strait of Hormuz Push Brent Crude Toward $100 Mark” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100

“Tanker Attacks in the Strait of Hormuz Push Brent Crude Toward $100 Mark” scores 12 out of 100. The score uses 1 sources.