Two fully laden Chinese oil tankers, Cospearl Lake and He Rong Hai, are
approaching the Strait of Hormuz, potentially becoming the first non-Iranian
vessels to cross since a US-Iran ceasefire was declared. Both tankers, signaling
Chinese ownership, are traveling at high speeds in the Persian Gulf, with a
crossing expected later Thursday. However, successful transit is uncertain, as
several ships have turned back despite similar intentions. China Cosco Shipping
Corp. did not immediately comment on the situation.
