Two Chinese supertankers loaded with crude appeared to be transiting the Strait of Hormuz hours after a Greek vessel moved through the waterway, in what would mark a significant uptick in oil shipping traffic days after a fragile ceasefire between the US and Iran was announced.
If all three pass on Saturday — the journey takes about eight hours — it would mark the biggest day of oil exits through Hormuz since the war caused traffic through the waterway to all but halt at the start of March. None are carrying oil from Iran or have obvious, direct links to the country. Since the war began, the vast majority of crude to leave the region has come from the Islamic Republic.