# Glencore and Taiwan's state refiner CPC have chartered a tanker each.

*business · news · 2026-04-09 · Reuters*

## Key points

- Glencore and CPC have each chartered a tanker to load Middle Eastern crude post-ceasefire.
- Spot VLCC shipping rates on the Middle East-Asia route have more than doubled since the conflict.
- Iran's Revolutionary Guards navy published alternative shipping routes to help ships avoid naval mines.
- Some shippers remain cautious, as Iran requires permits for vessels to transit the Strait of Hormuz.

**Companies:** Glencore, CPC
**Countries:** Singapore, Taiwan, Iran, Iraq, United Arab Emirates, China, India

[Read the full story on Reuters](https://www.reuters.com/business/energy/glencore-charters-supertanker-load-oil-middle-east-sources-say-2026-04-09/)

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