Close Menu
  • Home
  • Life Insurance
  • Auto Insurance
  • Home Insurance
  • Health Insurance
  • Business Insurance
  • Travel Insurance
  • Specialized Insurance
  • Insurance Tips & Guides
Facebook X (Twitter) Instagram
Insure GenZInsure GenZ Wednesday, May 20
  • About Us
  • Contact Us
  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
Facebook X (Twitter) Instagram
Subscribe
  • Home
  • Life Insurance
  • Auto Insurance
  • Home Insurance
  • Health Insurance
  • Business Insurance
  • Travel Insurance
  • Specialized Insurance
  • Insurance Tips & Guides
Insure GenZInsure GenZ
Home»Travel Insurance»Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil
Travel Insurance

Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil

AwaisBy AwaisMay 20, 2026No Comments3 Mins Read0 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Copy Link Email
Follow Us
Google News Flipboard
Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Two supertankers exited the Strait of Hormuz on Wednesday while another is making its way out, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude oil onboard, shipping data on LSEG and Kpler showed.

The ships are among a handful of supertankers exiting the Gulf this month via a transit route that Iran has ordered ships to use.

The U.S.-Israeli war on Iran which began on February 28 has severely curtailed shipping through the Strait of Hormuz, through which around one fifth of the world’s supply of oil and energy normally flows.

South Korean-flagged Very Large Crude Carrier (VLCC) Universal Winner, carrying 2 million barrels of Kuwaiti crude loaded on March 4, is exiting the strait following the departure of two Chinese tankers on Wednesday, the data showed. Kpler data showed the tanker is heading to Ulsan, where the country’s largest refiner SK Energy is located, to discharge its cargo on June 9.

SK Energy declined to comment. A spokesperson for HMM, the owner and manager of the VLCC, could not be immediately reached for comment.

Chinese Tankers

Chinese-flagged VLCC Yuan Gui Yang loaded 2 million barrels of Iraqi Basrah crude on February 27, a day before the U.S.-Israeli war on Iran started, the data showed.

The vessel, chartered by Unipec, the trading arm of Asia’s largest refiner Sinopec 600028.SS, which exited the strait earlier on Wednesday, is expected to reach Shuidong Port near Maoming city in southern Guangdong province, on June 4 to discharge its cargo, according to the data.

Hong Kong-flagged VLCC Ocean Lily loaded 1 million barrels each of Qatari al-Shaheen and Iraqi Basrah crude between late February and early March, the data showed.

The vessel, owned by Chinese major Sinochem, is expected to reach Quanzhou Port in eastern Fujian province on June 5 to discharge its cargo.

Sinopec, Sinochem and Cosco Shipping, which own and manage Yuan Gui Yang, did not immediately respond to requests for comment.

Last week, VLCC Yuan Hua Hu exited the strait with 2 million barrels of Iraqi oil and headed for eastern China’s Zhoushan Port.

Separately, Cypriot-flagged VLCC Grand Lady has entered the Strait of Hormuz with its transponder off, LSEG data showed. The empty tanker is anchored off Dubai, LSEG data showed. The tanker’s manager Eastern Mediterranean Maritime could not be immediately reached for comment.

(Reporting by Florence Tan in Singapore, Kyu-seok Shim and Joyce Lee in Seoul; editing by Jacqueline Wong, Lincoln Feast and Sharon Singleton)

Photograph: Vessels offshore in the Strait of Hormuz off Bandar Abbas, Iran on May 4, 2026; photo credit: Amirhossein Khorgooei/AFP/Getty Images

Barrels Crude exit Hormuz Million Oil Strait Tankers
Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Telegram Email Copy Link
Awais
  • Website

Related Posts

Texas Storms Ground Flights, Threaten Floods and Spark Fires

May 20, 2026

CommonSpirit $3.4B in the red amid billing contract exit, operational woes

May 20, 2026

Starr Europe Insurance Opens Office in Hamburg, Germany

May 19, 2026
Leave A Reply Cancel Reply

Our Latest Blogs

Proposed Florida Engineering Rules Would Slow Claims

May 20, 2026

Questionable Engineering Reports Continue to Be a Problem in Claims Litigation

May 20, 2026

UK Warned of Housing Market Risks as Flood Re’s Future Unclear

May 20, 2026

Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil

May 20, 2026
Recent Posts
  • Proposed Florida Engineering Rules Would Slow Claims
  • Questionable Engineering Reports Continue to Be a Problem in Claims Litigation
  • UK Warned of Housing Market Risks as Flood Re’s Future Unclear
  • Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil
  • Small Plane Crash Near Austin Caused by Inflight Breakup, Report Finds

Subscribe to Updates

Insure Genz is a modern insurance blog built for the next generation. Subscribe it for more updates.

Insure Genz is a modern insurance blog built for the next generation. We break down complex topics across categories like Auto, Health, Business, Life, and Travel Insurance — making them simple, useful, and easy to understand. Whether you're just getting started or looking for expert tips and guides, we've got you covered with clear, reliable content.

Our Picks

Proposed Florida Engineering Rules Would Slow Claims

May 20, 2026

Questionable Engineering Reports Continue to Be a Problem in Claims Litigation

May 20, 2026

UK Warned of Housing Market Risks as Flood Re’s Future Unclear

May 20, 2026

Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil

May 20, 2026
Most Popular

Proposed Florida Engineering Rules Would Slow Claims

May 20, 2026

Questionable Engineering Reports Continue to Be a Problem in Claims Litigation

May 20, 2026

UK Warned of Housing Market Risks as Flood Re’s Future Unclear

May 20, 2026

Tankers Exit Strait of Hormuz With 6 Million Barrels of Crude Oil

May 20, 2026
  • About Us
  • Contact Us
  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
© 2026 Insure GenZ. Designed by Insure GenZ.

Type above and press Enter to search. Press Esc to cancel.