Geopolitics Alpha

Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar

Published . Updated .

Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar Marine News Magazine

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

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
ZIM———————
MATX———————
XOM———————
DAL———————

Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar Marine News Magazine

Source: Marine News Magazine

United States Brent Oil Fund (BNO) since this story, compared with the market

Since the first closing price after “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar,” United States Brent Oil Fund (BNO) is +15.89%. The S&P 500 fund (SPY) is -0.88% over the same days, a +16.77% difference versus the market. energy stocks (XLE) is +9.77%, a +6.12% difference versus that group of stocks.

BNO
SPY
XLE

Where “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar” sits: Strait of Hormuz

Strait of Hormuz has 198 linked stories in the last 7 days and 198 in the last 30 on the page that also carries “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” The recent pace is rising.

Companies in energy around United States Brent Oil Fund (BNO)

Companies carried with this story

  • BNO United States Brent Oil Fund

    United States Brent Oil Fund (BNO) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • UGA United States Gasoline Fund

    United States Gasoline Fund (UGA) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • VDE Vanguard World Fd

    Vanguard World Fd (VDE) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • FENY

    For “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar,” FENY is linked, with no stored direction, high confidence. Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • XOP State Street Spdr S&P Oil & Gas Exploration & Production Etf

    State Street Spdr S&P Oil & Gas Exploration & Production Etf (XOP) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • IEZ Ishares U.S. Oil Equipment & Services Etf

    Ishares U.S. Oil Equipment & Services Etf (IEZ) is linked, with no stored direction, high confidence in the 21 Sep 2026 story “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar.” Reason on file: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

  • USO United States Oil Fund

    For “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar,” United States Oil Fund (USO) is linked, with no stored direction, high confidence. Reason on file: Oil-supply or crude-price developments can transmit through WTI/Brent proxies and energy producer earnings expectations

From Strait of Hormuz to United States Brent Oil Fund (BNO)

On 21 Sep 2026, “Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar” is the story that connects United States Brent Oil Fund (BNO) to Strait of Hormuz.

The link for United States Brent Oil Fund (BNO) is this: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

A second company, United States Gasoline Fund (UGA), is listed for a different reason: Oil-transport or export disruption can transmit through crude and refined-product prices, energy-producer cash flows, and oil-services activity

Price levels for United States Brent Oil Fund (BNO)

BNO traded between 57.39 and 67.79 across 20 sessions. The latest close on file is 67.10. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

The energy score for United States Brent Oil Fund (BNO)

46 out of 100

“Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar” scores 46 out of 100. The score uses 1 sources, and 15 linked companies.