# Taiwan's state refiner CPC and trader Glencore have chartered tankers to load Middle Eastern crude.

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

## Key points

- Taiwan's CPC and Glencore have chartered tankers to load Middle Eastern crude post-ceasefire.
- Spot VLCC shipping rates on the Middle East-Asia route have more than doubled since the war began.
- China-flagged VLCCs He Rong Hai and Cospearl Lake are heading to exit the Gulf via Hormuz.
- Iran's Revolutionary Guards navy published alternative shipping routes to avoid naval mines in Hormuz.

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

[Read the full story on MarketScreener](https://www.marketscreener.com/news/glencore-taiwan-cpc-book-tankers-to-load-middle-east-oil-after-ceasefire-ce7e50dbdd8ff527)

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