Tanker stocks are at record highs as Hormuz disruptions lift freight rates. Torm, Hafnia and Teekay Tankers all hit all-time highs, and the SonicShares Global Shipping ETF $BOAT did too, with the frei

What happened: Global shipping stocks hit record highs on Monday as Middle East tensions disrupted routes and lifted oil tanker freight rates. Torm (TRMD), Hafnia (HAFN) and Teekay Tankers (TNK) reached record highs. Key numbers: Brent climbed toward $107 a barrel. Why it matters: Investors are turning to the maritime sector for exposure to commodity supply chains. Longer routes and higher insurance costs have tightened vessel supply, and the SonicShares Global Shipping ETF (BOAT) and Breakwave Tanker Shipping ETF (BWET) also gained.

Hormuz disruptions lift freight rates, driving Torm and Hafnia shipping stocks to records.

Hormuz disruptions lift freight rates, driving Torm and Hafnia shipping stocks to records. — impact context not separately stored; see What changed.