How Shipping ETFs Turned the Iran Conflict Into Huge Profits
Shipping ETFs like BWET have soared since the US-Iran war began, with only about four such funds in the US, though a peace deal would likely hurt them.
Shipping ETFs like BWET have soared since the US-Iran war began, with only about four such funds in the US, though a peace deal would likely hurt them.
Trump announces that Ukraine and Russia have both agreed to avoid attacking each other's energy targets, causing oil prices to drop.
Crude oil bullish as technicals and fundamentals align; price nears $105 after drone attack on Saudi pipeline.
Attacks damaged the Saudi east-west pipeline, expected to take 3-5 weeks to repair, tightening oil markets and pushing WTI to $104.95.
Oil rises as Saudi pipeline closure and postponed Hormuz talks worsen supply fears, with technical levels and catalysts ahead.
A report claims China's Ulanqab is building massive AI compute capacity, which may explain US tech leaders' anxiety.
Canadian PM Carney pushes for EU associate membership to diversify trade away from the US, WSJ reports.
Trump administration wants future Iran talks to center on nuclear program, not Hormuz, per CNN sources; Oman meeting postponed, leaving regional diplomacy key.
Tanker confirmed hit by projectile in Hormuz Strait; Iranian cargo vessel reportedly attacked with casualties. Diplomacy stalled after Saudi pipeline damage.
Drone attack shuts Saudi East-West pipeline, disrupting oil supply as Hormuz talks stall and Houthis advance.
Oil jumped and stock futures fell at the week's open on unresolved Middle East tensions and OpenAI's IPO retreat.
A planned Hormuz meeting between Iran and Gulf states has been postponed at the request of regional countries. The delay adds uncertainty to oil markets.
Houthi strikes on multiple pumping stations have shut down Saudi Arabia's critical east-west pipeline, cutting off up to 7 million barrels per day.
The Breakwave Tanker Shipping ETF (BWET) has gained 5,100% over the past year, driven by Iran war and shipping disruptions.
Oil prices dropped as WTI crude fell from a high of $104.46 to trade around $100, despite fresh attacks on Saudi energy infrastructure.