Two China-flagged supertankers bound for Venezuela reverse course as US tightens crackdown: Report

    Two China-flagged supertankers bound for Venezuela reverse course as US tightens crackdown: Report

    Two Chinese-flagged supertankers that were headed to Venezuela to collect crude under long-standing oil-for-debt agreements have abruptly changed direction and are now sailing back toward Asia, according to shipping data referenced by news agency Reuters. The move follows recent US action against a Russian-flagged tanker tied to Venezuela and highlights growing pressure on the country’s…

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