Geopolitics Alpha

Two 'unauthorised' oil tankers struck in Strait of Hormuz, Iran says

Published . Updated .

ENERGY · STRAIT OF HORMUZTwo 'unauthorised' oil tankersstruck in Strait of Hormuz, IransaysGEOPOLITICS ALPHA

This report is about tanker shipping and oil. Names like TNK and FRO typically gain because teekay Tankers (water transportation): 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+64.8% 18d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “tanker” (tanker shipping) in this story.

  • USO United States Oil Fund+8.2% 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+4.7% 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+0.8% 6d

    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+11.0% 11d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+9.9% 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

TickerT-5T-3T-1T0T+1T+2T+3
BWETNo price data for this ticker———————
USO-5.13%-5.78%base-2.94%after closeafter closeafter close
TNK-4.67%-3.50%base+2.65%after closeafter closeafter close
FRO-4.16%-3.04%base+3.84%after closeafter closeafter close
DHT-6.23%-1.71%base+1.28%after closeafter closeafter close
INSW-5.43%+0.49%base+2.65%after closeafter closeafter close
XOM-2.72%-2.80%base-0.51%after closeafter closeafter close
CVXNo price data for this ticker———————

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.

Market Call

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Two 'unauthorised' oil tankers struck in Strait of Hormuz, Iran says Africanews

Source: Africanews

Strait of Hormuz

CompanyWhenMoveStatus
DHTthat day+1.28%still updating
DHTthree days earlier-1.71%final price
DHTfive days earlier-6.23%final price
FROthat day+3.84%still updating
FROthree days earlier-3.04%final price
FROfive days earlier-4.16%final price
INSWthat day+2.65%still updating
INSWthree days earlier+0.49%final price
INSWfive days earlier-5.43%final price
TNKthat day+2.65%still updating
TNKthree days earlier-3.50%final price
TNKfive days earlier-4.67%final price
USOthat day-2.94%still updating
USOthree days earlier-5.78%final price
USOfive days earlier-5.13%final price
XOMthat day-0.51%still updating
XOMthree days earlier-2.80%final price
XOMfive days earlier-2.72%final price

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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).

Strait of Hormuz on the map for this story

Strait of Hormuz

Geopolitics Alpha has 119 stories about Strait of Hormuz from the past 7 days and 295 stories from the past 30. That is faster than its usual pace over the past month. “Two 'unauthorised' oil tankers struck in Strait of Hormuz, Iran says” is tagged to Strait of Hormuz.

How solid the energy case looks

12 out of 100Price not final

“Two 'unauthorised' oil tankers struck in Strait of Hormuz, Iran says” scores 12 out of 100. The score uses 1 sources. The price is not final yet.