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....
Supertankers sailing to pick up Venezuelan oil for China make U-turn: ship data
Published 8 hours ago
Source: scmp.com

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