$DHT - TRUMP'S HORMUZ WARNING PUTS THE CRUDE-TANKER TRADE BACK ON THE TAPE
DHT Holdings jumped 5.5% to $17.56 Friday as President Trump's comments on Iran and the Strait of Hormuz pulled very-large-crude-carrier owners — DHT, FRO, INSW, TNK — back onto investors' radar. DHT is a pure-play VLCC operator that already screens as one of the market's 9% dividend yielders.
The mechanism is rerouting math: any threat to the Strait pushes crude onto longer voyages around it, lengthening ton-miles and tightening effective tanker supply — the lever that drives VLCC day-rates, and DHT's variable dividend, higher.