Energy · 59 views
Chinese Oil Tankers Turn Back as Hormuz Risks Mount
Two Chinese very large crude carriers have made U-turns in the Strait of Hormuz, currently idling in the area, Bloomberg reported today, citing ship-tracking data.
Summary
Two Chinese very large crude carriers have made U-turns in the Strait of Hormuz, currently idling in the area, Bloomberg reported today, citing ship-tracking data. One of the supertankers, Sea V, loaded crude oil in Iraq and set off for Hormuz yesterday, but turned back and is now idling in the waterway, the data showed.
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