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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.
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Two Chinese supertankers leave Strait of Hormuz after months-long delay
Two Chinese supertankers leave Strait of Hormuz after months-long delay Shipping data from the London Stock Exchange Group and Kpler showed that two Chinese supertankers carrying about 4 million barrels of crude oil from the Middle East departed the Strait of Hormuz on Wednesday after remaining in the Gulf for more than two months. The movement of the vessels comes amid continued disruptions and security concerns affecting shipping routes in th…
·London, United Kingdom
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Total News Sources24
Leaning Left4Leaning Right4Center4Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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