Three supertankers carrying 6 million barrels of Middle East crude have exited the Strait of Hormuz as U.S.-Iran talks show tentative progress, though analysts warn prices will stay elevated for months.

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…

Two China-bound supertankers carrying Gulf crude have exited the Strait of Hormuz as limited tanker movements resume despite continuing disruption.