Chinese oil tankers transit Strait of Hormuz, data shows

Two Chinese supertankers passed through the Strait of Hormuz on Saturday, shipping data on LSEG showed, likely the first vessels to exit the Middle East Gulf since the U.S.-Iran ceasefire deal was struck earlier this week.

Very Large Crude Carriers Cospearl Lake and He Rong Hai, both chartered by Unipec, the trading arm of Asia's largest refiner Sinopec 600028.SS, entered and exited "Hormuz Passage trial anchorage" that bypasses Iran's Larak Island on Saturday, the data showed.