4 stories found
Two Chinese-linked supertankers have made a U-turn in the Strait of Hormuz, as shipping risks remain elevated and prospects for normalized traffic dim following President Donald Trump's hardline stance on Iran.
Several oil tankers, including a South Korean-operated vessel and two Chinese supertankers, successfully transited the Strait of Hormuz. This increased maritime traffic is being interpreted by some as a potential indicator of easing tensions or a possible agreement with Iran.
Two Chinese supertankers, carrying a combined 4 million barrels of Saudi Arabian oil, successfully exited the Red Sea via the Bab el-Mandeb Strait, apparently circumventing the Houthis' blockade.
Three fully laden supertankers, including two Chinese vessels, have crossed the Strait of Hormuz, suggesting a possible easing of tensions and opening of the vital waterway to more shipping traffic.