Okeanis Eco Tankers is Monday's IBD Stock Of The Day as the oil shipper reaps huge profits amid the Strait of Hormuz crisis and pays out most of those earnings in dividends. ECO stock, whose ticker reflects the low fuel expense for its relatively young fleet, edged lower on a lull in volume Monday as it sets up for a possible breakout. Monday's calm trading came amid dramatic developments in the U.S.-Iran conflict that has once again stalled oil tanker traffic navigating the world's most important passageway for oil exports.

This oil tanker stock has climbed 60% so far this year. The closure of the Strait of Hormuz helped boost its profit.

IBD Stock Of The Day Scorpio Tankers trades in a buy zone atop a 65% rally. Rates, demand soar on the Iran war, Strait of Hormuz closure.

CMB.Tech NV (CMBT) reports robust financial performance with a $90 million net profit and strategic moves to strengthen its balance sheet, despite facing market challenges.