Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US
Published . Updated .
Key takeaways
- The first oil tankers scheduled to deliver Russian diesel to the US under a deal between President Donald Trump and his Russian counterpart Vladimir Putin have changed course and are no longer heading…
- Exposed: BWET, USO, TNK, FRO, DHT
- Market reaction: price tracking starts with the next trading session.
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The first oil tankers scheduled to deliver Russian diesel to the US under a deal between President Donald Trump and his Russian counterpart Vladimir Putin have changed course and are no longer heading…
Directly affected
- No company is named in this report.
Indirectly affected
- 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.
- USO United States Oil Fund-5.0% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) 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.
- 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.
- 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.
- CVX Chevron+5.5% 30d
Chevron (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 |
|---|---|---|---|---|---|---|---|
| BWET | +38.94% | +24.54% | base | after close | after close | after close | after close |
| USO | +13.96% | +6.75% | base | after close | after close | after close | after close |
| TNK | +22.76% | +16.36% | base | after close | after close | after close | after close |
| FRO | +27.38% | +17.44% | base | after close | after close | after close | after close |
| DHT | +22.29% | +17.01% | base | after close | after close | after close | after close |
| INSW | +18.39% | +10.91% | base | after close | after close | after close | after close |
| XOM | +13.27% | +7.37% | base | after close | after close | after close | after close |
| CVX | +10.62% | +5.78% | base | after close | 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.
Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US France 24
Source: France 24
The price since 6 Nov 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +24.54% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +38.94% | final price |
| Chevron (CVX) | three days earlier | +5.78% | final price |
| Chevron (CVX) | five days earlier | +10.62% | final price |
| DHT Holdings (DHT) | three days earlier | +17.01% | final price |
| DHT Holdings (DHT) | five days earlier | +22.29% | final price |
| Frontline (FRO) | three days earlier | +17.44% | final price |
| Frontline (FRO) | five days earlier | +27.38% | final price |
| International Seaways (INSW) | three days earlier | +10.91% | final price |
| International Seaways (INSW) | five days earlier | +18.39% | final price |
| Teekay Tankers (TNK) | three days earlier | +16.36% | final price |
| Teekay Tankers (TNK) | five days earlier | +22.76% | final price |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +13.96% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +7.37% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +13.27% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 23 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 67 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 23 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 44 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 65 days before publication. Filed 7 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).
Amplify Commodity Trust (BWET) on one side of this energy story
Likely winners
- TNK Teekay Tankers
Teekay Tankers (TNK) tends to benefit, medium confidence in the 6 Nov 2026 story “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US.” 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 “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US,” 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 6 Nov 2026 story “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US.” 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 “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US,” 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
In “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US,” 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
In “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US,” 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
- XOM ExxonMobil Holdings
In “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US,” 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
For “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US,” 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)
On 6 Nov 2026, “Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US” is the story that connects Amplify Commodity Trust (BWET) to Energy.
For Amplify Commodity Trust (BWET), the reason on file says Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
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 145.42.
The energy score for Amplify Commodity Trust (BWET)
46 out of 100
“Trump’s stillborn diesel deal: Why Russian oil tankers are not heading to the US” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.