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NEWS TICKER

Chinese tankers exit Strait of Hormuz with 4 million barrels of crude oil

The Business Times

DATE :

Wednesday, May 20, 2026

CATEGORY :

SAFETY & NAVIGATION

Hong Kong-flagged VLCC Ocean Lily loaded one million barrels each of Qatari al-Shaheen and Iraqi Basrah crude between late February and early March. PHOTO: REUTERS

[SINGAPORE] Two Chinese supertankers carrying four million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday (May 20) after waiting in the Gulf for more than two months, shipping data on LSEG and Kpler showed.

The ships are among a handful of supertankers carrying Iraqi crude exiting the Gulf this month via a transit route that Iran has ordered ships to use.

Chinese-flagged Very Large Crude Carrier (VLCC) Yuan Gui Yang loaded two million barrels of Iraqi Basrah crude on Feb 27, a day before the US-Israeli war on Iran started, the data showed.

Continue reading the full story at the original source:

The Business Times

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