Oil
China Tankers Join Line to Test Hormuz Exit and Iran Truce
Two fully laden Chinese oil tankers are waiting outside the Strait of Hormuz, putting them in a position to become the first such vessels to leave the Gulf under a day-old US-Iran ceasefire, even as shipowners scrutinize the status of the narrow waterway.
Japan Taps Smaller Ships to Get US Oil Faster on Supply Concerns
Some Japanese refiners are seeking to speed up deliveries of US crude following disruptions caused by the Iran war, opting for smaller ships that can transit the Panama Canal rather than sail around Africa.
One of Seven Stranded Malaysian Vessels Sails Through Hormuz
One of seven Malaysian-owned commercial vessels stranded in the Strait of Hormuz has been “granted safe passage” and is heading to its destination, Malaysia’s Ministry of Foreign Affairs said.
