Up 3,600%, this freight fund has posted the biggest gains of all on Iran war oil shock

Impact · against what's priced in

BWET is poised for further gains as new geopolitical catalysts (the fall of Mocka and the Saudi pipeline shutdown) exacerbate the existing supply squeeze. While long-term vessel orders suggest an eventual correction in 18-36 months, current structural shortages and escalating Middle East tensions provide immediate upward pressure on tanker rates.

BWET+0.50

No priced-in read yet

In context

The capture of Mocka by Houthi rebels and the shutdown of Saudi Arabia's East-West pipeline create new bottlenecks that threaten to drive tanker rates even higher than the already record levels.

Read from the article alone

• geopolitics▲8%
• supply chain
• BWET
• etf
• freight rates
• middle east
• oil tankers
• shipping
• tariffs
• trade routes