The successful passage of the Yuan Hua Hu underscores a complex geopolitical dance in the Persian Gulf, where the U.S. and Iran are inching toward a phased ceasefire

A Chinese-owned supertanker is attempting to transit the Strait of Hormuz as Beijing seeks to preserve Persian Gulf oil flows amid heightened tensions involving Iran and the…

Chinese supertanker carrying two million barrels of Iraqi crude crossed the waterway before turning off its transponder

More oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil have exited the waterway recently. Some…

By CUI HAIPEI in Dubai, UAE and JAN YUMUL in Hong Kong |