SINGAPORE: Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two months, shipping data on LSEG and Kpler showed. Chinese-flagged Very Large Crude Carrier (VLCC) Yuan Gui Yang loaded 2 million barrels of Iraqi Basrah crude on February 27, a day before the US-Israeli war on Iran started, the data showed.

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

SINGAPORE: Two Chinese supertankers carrying 4 million barrels of Middle East crude oil exited the Strait of Hormuz on Wednesday after waiting in the Gulf for more than two…