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Oil Isn't the Only War Trade. This Tanker ETF Went From $18 to Over $1,000

Oct 9, 2026, 1:58 PMSurbhi Jain

BWET has surged above $1,000 as geopolitical disruptions drive tanker freight rates higher. Here's what investors need to know.

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Source: benzinga
Observed: Oct 9, 2026, 1:58 PM
Checked: Oct 9, 2026, 1:58 PM
Cadence: Captured once, then retained as an archive reference
Status: fresh

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BenzingaOct 15, 2026, 5:42 PMBenzinga Newsdesk
Shares of crude and oil product tanker companies are trading lower after reports suggesting that the Trump administration may ease sanctions on global shadow fleet vessels in order to combat high freight rates, which may lower margins across the sector.
ASC BWET CMBT DHT FRO
BenzingaOct 15, 2026, 5:39 PMBenzinga Newsdesk
Reported Earlier, 'US considers easing sanctions on shadow fleet vessels to cut freight rates, official says' - Reuters Exclusive
ASC BWET CMBT DHT FRO
BenzingaOct 12, 2026, 2:49 PMPiero Cingari
The Oil Market Is Breaking Apart: Brent-WTI Price Gap Hits $13
Brent trades $13 above WTI as record tanker rates keep U.S. crude at home. Freight to China now costs $40 a barrel, and BNO is outpacing USO. 2011 offers a guide.
BNO BWET DHT FANG FRO
BenzingaOct 12, 2026, 11:40 AMBenzinga News-desk
Reported Earlier, 'Oil Tanker Rates Surge Amid Rising Attacks, Longer Voyages' - WSJ
https://www.wsj.com/finance/commodities-futures/oil-falls-on-hopes-that-russian-diesel-can-ease-global-fuel-shortages-db1651af
BWET CMBT DHT ECO FRO