UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker
Published . Updated .
Key takeaways
- Authorities in the UAE's Ras Al Khaimah emirate have announced reopening several beaches following closures prompted by an oil spill from a tanker damaged in a suspected attack in the Gulf last month.
- Exposed: USO, XLE, BWET, UAE, FRO
- Market reaction: USO +3.4% on the day; XLE +1.5% on the day; BWET +5.3% on the day
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Authorities in the UAE's Ras Al Khaimah emirate have announced reopening several beaches following closures prompted by an oil spill from a tanker damaged in a suspected attack in the Gulf last month.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- 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.
- UAE iShares MSCI UAE ETF
iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“uae”).
- FRO Frontline+1.6% 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-7.8% 19d
International Seaways (water transportation): 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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | +1.50% | after close | after close | after close |
| BWET | +23.15% | +6.41% | base | +5.26% | after close | after close | after close |
| UAE | -4.74% | -1.75% | base | +2.24% | after close | after close | after close |
| FRO | -2.04% | -2.87% | base | +2.59% | after close | after close | after close |
| DHT | -5.10% | -4.59% | base | +3.39% | after close | after close | after close |
| INSW | -6.73% | -4.79% | base | +2.15% | after close | after close | after close |
| TNK | -7.95% | -4.43% | base | -1.06% | 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.
UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker Middle East Eye
Source: Middle East Eye
The price since 12 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +5.26% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +6.41% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +23.15% | final price |
| DHT Holdings (DHT) | that day | +3.39% | final price |
| DHT Holdings (DHT) | three days earlier | -4.59% | final price |
| DHT Holdings (DHT) | five days earlier | -5.10% | final price |
| Frontline (FRO) | that day | +2.59% | final price |
| Frontline (FRO) | three days earlier | -2.87% | final price |
| Frontline (FRO) | five days earlier | -2.04% | final price |
| International Seaways (INSW) | that day | +2.15% | final price |
| International Seaways (INSW) | three days earlier | -4.79% | final price |
| International Seaways (INSW) | five days earlier | -6.73% | final price |
| Teekay Tankers (TNK) | that day | -1.06% | final price |
| Teekay Tankers (TNK) | three days earlier | -4.43% | final price |
| Teekay Tankers (TNK) | five days earlier | -7.95% | final price |
| Ishares Tr (UAE) | that day | +2.24% | final price |
| Ishares Tr (UAE) | three days earlier | -1.75% | final price |
| Ishares Tr (UAE) | five days earlier | -4.74% | final price |
| United States Oil Fund (USO) | that day | +3.43% | final price |
| United States Oil Fund (USO) | three days earlier | +0.82% | final price |
| United States Oil Fund (USO) | five days earlier | +4.74% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.50% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.21% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.64% | final price |
Who gains and who loses around United States Oil Fund (USO)
Companies that tend to gain
- FRO Frontline
In “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” 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 12 Nov 2026 story “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker.” 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
In “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” 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
- TNK Teekay Tankers
For “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” 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
No up or down call on file
- USO United States Oil Fund
In “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” 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
- XLE Select Sector Spdr Tr
For “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- BWET Amplify Commodity Trust
In “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” 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
- UAE Ishares Tr
Ishares Tr (UAE) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker.” Reason on file: iShares MSCI UAE ETF holds stocks listed in the UAE, which this story is about (“uae”)
United States Oil Fund (USO) and the energy link
United States Oil Fund (USO) is the company in “UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker,” the 12 Nov 2026 Energy story.
For United States Oil Fund (USO), the reason on file says United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Price levels for United States Oil Fund (USO)
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 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How solid the energy case looks
46 out of 100
“UAE's Ras Al Khaimah reopens a number of beaches after oil spill from tanker” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.