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Macro US Stocks

Shipping stocks hit crossroads after decade-best rally

Shipping stocks, buoyed by a months-long Hormuz crisis, have become one of 2026’s hottest trades, jumping about 68% this year and 82% over 12 months, outpacing the S&P 500 by fivefold. Crude tanker shares lead with a 120% YTD gain, per Lloyd’s List Intelligence’s basket of 35 US and European listed shippers.

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