Why a new round in the U . S .- Iran conflict could be the most devastating yet
Published . Updated .
This report is about oil and tanker shipping.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+8.2% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- XLE Energy Select Sector SPDR+7.4% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF+64.8% 18d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF-6.7% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) 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 “iran” (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 “iran” (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 “iran” (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 “iran” (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 | -5.13% | -5.78% | base | -2.94% | after close | after close | after close |
| XLE | -2.19% | -1.69% | base | -0.41% | after close | after close | after close |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| ITANo price data for this ticker | — | — | — | — | — | — | — |
| FRO | -4.16% | -3.04% | base | +3.84% | after close | after close | after close |
| DHT | -6.23% | -1.71% | base | +1.28% | after close | after close | after close |
| INSW | -5.43% | +0.49% | base | +2.65% | after close | after close | after close |
| TNK | -4.67% | -3.50% | base | +2.65% | 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.
Market Call
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Source: cbc.ca
This story
| Company | When | Move | Status |
|---|---|---|---|
| DHT | that day | +1.28% | still updating |
| DHT | three days earlier | -1.71% | final price |
| DHT | five days earlier | -6.23% | final price |
| FRO | that day | +3.84% | still updating |
| FRO | three days earlier | -3.04% | final price |
| FRO | five days earlier | -4.16% | final price |
| INSW | that day | +2.65% | still updating |
| INSW | three days earlier | +0.49% | final price |
| INSW | five days earlier | -5.43% | final price |
| TNK | that day | +2.65% | still updating |
| TNK | three days earlier | -3.50% | final price |
| TNK | five days earlier | -4.67% | final price |
| USO | that day | -2.94% | still updating |
| USO | three days earlier | -5.78% | final price |
| USO | five days earlier | -5.13% | final price |
| XLE | that day | -0.41% | still updating |
| XLE | three days earlier | -1.69% | final price |
| XLE | five days earlier | -2.19% | final price |
This story
12 out of 100Price not final
“Why a new round in the U . S .- Iran conflict could be the most devastating yet” scores 12 out of 100. The score uses 1 sources. The price is not final yet.