Chinese supertankers exit Hormuz as Trump, Vance talk up Iran deal
Two Chinese supertankers have exited the Strait of Hormuz after waiting for over two months amid ongoing discussions about a potential deal to end the US-Israel war on Iran. US President Trump and Vice President Vance have expressed optimism about the negotiations, suggesting that an agreement may be reached soon. Despite a temporary easing of oil prices, experts caution that prices are likely to remain high even if a deal is finalized.
- ▪The Chinese supertankers Yuan Gui Yang and Ocean Lily carried approximately 4 million barrels of crude oil.
- ▪Trump indicated that the war on Iran could end quickly and in a favorable manner.
- ▪Oil prices briefly fell due to positive comments from US officials, but analysts predict they will remain elevated.
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News|US-Israel war on IranChinese supertankers exit Hormuz as Trump, Vance talk up Iran dealOil prices ease amid the latest comments from the White House, but experts warn they will remain high even after a deal.ListenListen (3 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoVessels are seen anchored in the Strait of Hormuz, off Oman's city of Khasab, on May 17, 2026 [AFP]By Al Jazeera Staff and ReutersPublished On 20 May 202620 May 2026Two Chinese oil tankers have left the Strait of Hormuz after waiting in the Gulf for more than two months, as the United States president and vice president claim a deal to end the US-Israel war on Iran is imminent.Shipping data from LSEG and Kpler showed that the two…
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