Three More Oil Tankers Erupt in Flames Near Strait of Hormuz
Published . Updated .
Iranian officials say three oil tankers are on fire after they struck sea mines while attempting to cross the Strait of Hormuz. The latest reported attacks came as a massive oil spill fouled beaches in northern parts of the United Arab Emirates. Satellite images show a more
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+40.2% 19d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.
- USO United States Oil Fund+7.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-2.9% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “hormuz” (defense) in this story.
- UAE iShares MSCI UAE ETF
iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“emirates”).
- FRO Frontline+2.8% 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.
- 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.
- 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+1.5% 9d
International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “tanker” (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 |
|---|---|---|---|---|---|---|---|
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| USO | -2.52% | -0.26% | base | -1.74% | after close | after close | after close |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| UAENo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -7.71% | -0.56% | base | -0.11% | after close | after close | after close |
| TNK | -4.03% | +1.71% | base | +0.89% | after close | after close | after close |
| DHT | -1.31% | +0.55% | base | +1.08% | after close | after close | after close |
| INSW | -2.92% | +1.80% | base | +0.51% | 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.
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Three More Oil Tankers Erupt in Flames Near Strait of Hormuz Democracy Now!
Source: Democracy Now!
What happened to Amplify Commodity Trust (BWET) the last 12 times Strait of Hormuz was in the news
| Company | When | Average | Largest gain | Largest drop | Prices |
|---|---|---|---|---|---|
| United States Oil Fund (USO) | the next day | +0.98% | +1.13% | -0.68% | 12 |
| United States Oil Fund (USO) | three days later | +3.97% | +5.37% | +3.84% | 12 |
| Teekay Tankers (TNK) | the next day | +0.72% | +1.23% | +0.67% | 12 |
| Teekay Tankers (TNK) | three days later | +6.54% | +6.69% | +4.90% | 12 |
| Frontline (FRO) | the next day | +1.80% | +1.86% | +1.16% | 12 |
| Frontline (FRO) | three days later | +9.30% | +9.75% | +4.34% | 12 |
- Strait of Hormuz Watch: Commercial Vessel Attacks Intensify
- Oil prices gain after 18 Hormuz attacks in two weeks
- Oil Rises Amid Attacks on Vessels in Strait of Hormuz
- Middle East Oil Flows Near Prewar Levels Defy Hormuz Attacks
- AMERICAN ENERGY SNAPSHOT: Beyond Hormuz – The Pressures Keeping Fuel Markets Tight
- Iraq’s Energy Challenges Amid the Hormuz Crisis
Amplify Commodity Trust (BWET) compared with energy stocks (XLE) since 29 Oct 2026
| Company | When | Move | Status |
|---|---|---|---|
| DHT Holdings (DHT) | that day | +1.08% | still updating |
| DHT Holdings (DHT) | three days earlier | +0.55% | final price |
| DHT Holdings (DHT) | five days earlier | -1.31% | final price |
| Frontline (FRO) | that day | -0.11% | still updating |
| Frontline (FRO) | three days earlier | -0.56% | final price |
| Frontline (FRO) | five days earlier | -7.71% | final price |
| International Seaways (INSW) | that day | +0.51% | still updating |
| International Seaways (INSW) | three days earlier | +1.80% | final price |
| International Seaways (INSW) | five days earlier | -2.92% | final price |
| Teekay Tankers (TNK) | that day | +0.89% | still updating |
| Teekay Tankers (TNK) | three days earlier | +1.71% | final price |
| Teekay Tankers (TNK) | five days earlier | -4.03% | final price |
| United States Oil Fund (USO) | that day | -1.74% | still updating |
| United States Oil Fund (USO) | three days earlier | -0.26% | final price |
| United States Oil Fund (USO) | five days earlier | -2.52% | 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 59 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 90 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 36 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 57 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 64 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 “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz” sits: Strait of Hormuz
Geopolitics Alpha has 110 stories about Strait of Hormuz from the past 7 days and 340 stories from the past 30. That is faster than its usual pace over the past month. “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz” is tagged to Strait of Hormuz.
Who gains and who pays if Strait of Hormuz stays in the story
The side that tends to collect
- TNK Teekay Tankers
In “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz,” 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
- FRO Frontline
In “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz,” 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
DHT Holdings (DHT) tends to benefit, medium confidence in the 29 Oct 2026 story “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz.” 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
For “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz,” International Seaways (INSW) tends to benefit, medium confidence. 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
No up or down call on file
- BWET Amplify Commodity Trust
For “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz,” 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
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XOM ExxonMobil Holdings
For “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz,” 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
- CVX Chevron
In “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
How energy news reaches Amplify Commodity Trust (BWET)
The 29 Oct 2026 story “Three More Oil Tankers Erupt in Flames Near Strait of Hormuz” names Amplify Commodity Trust (BWET) because of Strait of Hormuz.
What ties Amplify Commodity Trust (BWET) to the headline is this: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
A second company, United States Oil Fund (USO), is listed for a different reason: United States Oil Fund: 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. TNK traded between 99.13 and 102.78 across 1 sessions. The latest close on file is 99.30. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69.
What the saved facts support for Amplify Commodity Trust (BWET)
46 out of 100Price not final
“Three More Oil Tankers Erupt in Flames Near Strait of Hormuz” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.