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Two Chinese Supertankers U-Turn in Hormuz as Risks Remain High

Bloomberg Markets Wednesday 19 August 2026, 05:15 UTC By Weilun Soon 1 min read
Key Points

Two Chinese-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.

Two Chinese-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.
Chinese (ORG) Hormuz (LOCATION) the Strait of Hormuz (LOCATION) Donald Trump (PERSON) Iran (LOCATION)
Originally published by Bloomberg Markets Read original →

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