Supertankers sailing to pick up Venezuelan oil for China make U-turn: ship data

Published 8 hours ago
Source: scmp.com
Supertankers sailing to pick up Venezuelan oil for China make U-turn: ship data
Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes made U-turns and were headed back to Asia, LSEG shipping data showed on Monday, a sign that the US-blocked South American country might not be directly exporting oil ⁠to its main buyer any time soon. Following the US announcement last week of a deal to export up to 50 million barrels of Venezuelan oil stuck in storage, US President Donald Trump said China would not be deprived of Venezuela’s crude....