Hormuz vessel attacks heighten energy supply concerns
Two tankers and container ships were hit by unidentified projectiles near the Strait of Hormuz, following four earlier incidents. Energy-linked stocks showed mixed derivatives positioning, with short covering in ONGC and long build-up in Reliance on 13 Oct 2026.
after close1 source ↓machine-written, see hownot a recommendation
- ONGC close
- ₹222.65
- On the day
- +1.20%
- Futures OI, short covering
- -0.8%
- Put-call ratio
- 0.51
- Max pain
- ₹225.00
Two commercial vessels were struck by unidentified projectiles in separate incidents in the Strait of Hormuz, according to the United Kingdom Maritime Trade Operations. The vessels were identified as an oil tanker and a container ship. Authorities were investigating the attacks and urged ships to exercise caution while transiting the strategic waterway.
The incidents followed four additional reports involving three tankers and a container ship on 11 Oct 2026. UKMTO had issued 18 reports of attacks on vessels in the strait, according to the article. The developments have increased concern around the security of a route central to energy shipments, while oil prices have remained supported by the possibility of disruption to exports from the region. Energy and shipping-linked assets remain sensitive to any change in the frequency, location or severity of incidents. ⚡
OI Charts data for 13 Oct 2026 showed ONGC at ₹222.65, up 1.2% on the day, with volume of 58.9 lakh shares. The stock had declined 4.2% over 20 sessions and was close to its 52-week low of ₹218.53 recorded on 8 Oct. Its futures open interest fell 0.8% in a short-covering setup. The ₹225 call had the largest call open interest, while the ₹220 put had the largest put open interest; max pain was ₹225 for the 27 Oct expiry.
Reliance rose 0.7% to ₹1,167 on 13 Oct, although it was down 7.2% over 20 sessions and traded at its 52-week low of ₹1,152. OI Charts data showed futures open interest rising 1.9% in a long-build-up setup. The ₹1,250 call and ₹1,160 put held the largest open interest on their respective sides, while max pain stood at ₹1,200 for the 27 Oct expiry. Key levels: ₹225 and ₹220 for ONGC; ₹1,200 and ₹1,160 for Reliance.
The next market trigger is confirmation of further incidents, official maritime advisories, or evidence of an interruption to vessel traffic or energy exports. Any reduction in shipping flows would affect freight, insurance and energy-market risk assessments.
Source: SANA, 14 Oct 2026
Not investment advice. For informational purposes only.