Two oil tankers catch fire in Hormuz as S Korea plans operation
Published . Updated .
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This report is about tanker shipping and oil. Names like FRO and TNK 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
- 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.
- EWY iShares MSCI South Korea ETF-21.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”).
- 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.
- 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-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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | +32.30% | +28.62% | base | -4.42% | after close | after close | after close |
| USO | +15.71% | +7.84% | base | +1.86% | after close | after close | after close |
| EWY | +6.31% | -0.43% | base | -10.19% | after close | after close | after close |
| FRO | +16.66% | +7.37% | base | -5.26% | after close | after close | after close |
| TNK | +14.26% | +7.57% | base | -4.24% | after close | after close | after close |
| DHT | +13.74% | +8.20% | base | -4.71% | after close | after close | after close |
| INSW | +14.12% | +6.11% | base | -2.51% | after close | after close | after close |
| XOM | +8.08% | +6.08% | base | +0.21% | 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.
Two oil tankers catch fire in Hormuz as S Korea plans operation The New Arab
Source: The New Arab
Strait of Hormuz
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -4.42% | still updating |
| BWET | three days earlier | +28.62% | final price |
| BWET | five days earlier | +32.30% | final price |
| DHT | that day | -4.71% | still updating |
| DHT | three days earlier | +8.20% | final price |
| DHT | five days earlier | +13.74% | final price |
| EWY | that day | -10.19% | still updating |
| EWY | three days earlier | -0.43% | final price |
| EWY | five days earlier | +6.31% | final price |
| FRO | that day | -5.26% | still updating |
| FRO | three days earlier | +7.37% | final price |
| FRO | five days earlier | +16.66% | final price |
| INSW | that day | -2.51% | still updating |
| INSW | three days earlier | +6.11% | final price |
| INSW | five days earlier | +14.12% | final price |
| TNK | that day | -4.24% | still updating |
| TNK | three days earlier | +7.57% | final price |
| TNK | five days earlier | +14.26% | final price |
| USO | that day | +1.86% | still updating |
| USO | three days earlier | +7.84% | final price |
| USO | five days earlier | +15.71% | final price |
| XOM | that day | +0.21% | still updating |
| XOM | three days earlier | +6.08% | final price |
| XOM | five days earlier | +8.08% | final price |
Strait of Hormuz
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 22 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 66 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).
How busy Strait of Hormuz has been lately
Geopolitics Alpha has 192 stories about Strait of Hormuz from the past 7 days and 532 stories from the past 30. That is faster than its usual pace over the past month. “Two oil tankers catch fire in Hormuz as S Korea plans operation” is tagged to Strait of Hormuz.
How solid the energy case looks
12 out of 100Price not final
“Two oil tankers catch fire in Hormuz as S Korea plans operation” scores 12 out of 100. The score uses 1 sources. The price is not final yet.