30 Chinese Tankers Resume Hormuz Transit: What it Means for Global Oil by Friday

A significant shift in global energy logistics is unfolding as approximately 30 Chinese tankers have resumed transit through the Strait of Hormuz under a new coordination framework with Iran. This development follows a high-stakes state visit by President Trump to China, where he and President Xi Jinping reached a consensus that the Strait must remain open for the free flow of energy. The agreement explicitly states that no nation will be permitted to exact shipping tolls in…