Published • loading... • Updated
Two Chinese tankers exit Hormuz as Trump, Vance talk up Iran deal prospects
The vessels carried about 4 million barrels of crude as shipping data showed traffic easing after more than two months of disruption.
- Two Chinese supertankers carrying 4 million barrels of crude exited the Strait of Hormuz on Wednesday, May 20, after waiting in the Gulf for more than two months, signaling the regional energy blockade may be easing.
- The U.S.-Israeli war against Iran, which began nearly three months ago, caused the worst-ever disruption to global energy supplies by paralyzing 100 tankers in the Persian Gulf.
- President Donald Trump said on Tuesday the war would end 'very quickly,' while Vice President JD Vance told a White House press briefing, 'We're in a pretty good spot here.'
- IRNA reported Tehran's latest peace proposal includes lifting sanctions and exit of U.S. forces, though Trump rejected a similar offer last week as 'garbage.'
- Investors are gauging whether Washington and Tehran can reach a peace agreement, with Trump facing intense domestic pressure to reopen the Strait before November congressional elections.
Insights by Ground AI
Podcasts & Opinions
31 Articles
31 Articles
Two Chinese Supertankers Exit Persian Gulf as Hormuz Traffic Trickles Out
Two Chinese Supertankers Exit Persian Gulf as Hormuz Traffic Trickles Out - Heavily laden vessels bound for Chinese ports navigated the tense maritime chokepoint, as Tehran rolled out a new military-backed authority to manage the waterway
Chinese supertankers cross Strait of Hormuz after months-long delay
SINGAPORE — Two Chinese supertankers carrying 4 million barrels of oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two months, shipping data showed, brightening hopes that the US-Israeli conflict with Iran may soon be resolved after positive comments from President Donald Trump and his deputy.Chinese-flagged Very Large Crude Carrier (VLCC) Yuan Gui Yang loaded 2 million barrels of Iraqi Basrah crude on F…
·Jeddah, Saudi Arabia
Read Full Article
Coverage Details
Total News Sources31
Leaning Left5Leaning Right7Center3Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
L 33%
C 20%
R 47%
Factuality
To view factuality data please Upgrade to Premium
