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US sanctions law firm, shipping agents for aiding Iran’s illicit trade - Israel & Jewish News

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US sanctions law firm, shipping agents for aiding Iran’s illicit trade - Israel & Jewish News

“Whether you are conducting illegal oil transfers at sea or sitting in the corner office of a law firm, if you are supporting the Iranian regime, we will find you and sanction you,” the U.S. treasury secretary said.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with Iran supply risk

  • XOM Exxon Mobil

    Oil producers move when sanctioned barrels leave the market

  • CVX Chevron

    Oil producers move when sanctioned barrels leave the market

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
XOM———————
CVX———————
ZIM———————
DAL———————

US sanctions law firm, shipping agents for aiding Iran’s illicit trade - Israel & Jewish News JNS.org

Source: JNS.org

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12 out of 100

“US sanctions law firm, shipping agents for aiding Iran’s illicit trade - Israel & Jewish News” scores 12 out of 100. The score uses 1 sources.