Tag: Oil
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Chinese Supertanker Routes Saudi Crude via Red Sea, Bypassing Hormuz
The Kai Jing, a Very Large Crude Carrier operated by China Merchants Energy Shipping, passed through the Red Sea's Bab el-Mandeb Strait on March 16 carrying 2.2 million barrels of Saudi crude—the first Chinese supertanker to bypass the Strait of Hormuz since its de facto closure on March ...
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China Seeks Iran Deal for Tanker Passage Through Closed Strait of Hormuz
China is reportedly in talks with Iran to negotiate safe passage for oil and gas tankers through the Strait of Hormuz, which is currently closed to most maritime traffic. Beijing is reportedly displeased with Tehran over the closure of the narrow ...
The Complexity of China’s Iran Math
The news that Qatar has temporarily halted its output of liquid natural gas has sharpened the focus on how the Iran war will affect Chinese energy security. What has received less attention is how the war will affect Chinese companies’ commercial entanglements in Iran. ...
Hydrocarbon Pressure Builds as China Faces Energy Disruption
China is putting pressure on Iranian officials to ensure that oil and gas shipments keep moving through the Strait of Hormuz, according to a report by Bloomberg. The narrow waterway transports the vast bulk of Middle Eastern fossil fuels to ...
Russian Oil Tankers List Singapore as Destination Amid Sanctions and Shift to China, LSEG Data Shows
Russian oil tankers are increasingly listing Singapore as their official destination, signalling a shift in export flows from India to China and growing concerns over Western sanctions, traders said and LSEG shipping data shows. LSEG data shows tankers carrying about 1.4 million metric ...
