This Obscure ETF Soared 1,750% on Hormuz Crisis: What Happens Next?
BWET has soared over 1,700% in 2026 as the Strait of Hormuz crisis drives tanker freight rates higher. But what happens when the chokepoint reopens?
A shipping fund jumped huge when problems in a busy ocean route made tanker companies charge more money to deliver oil. When that route gets fixed, those high prices might drop back down, so the fund's big gains could shrink.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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