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Commodities trader Glencore (GLCNF) and Taiwan's state refiner CPC have chartered a tanker each to load Middle Eastern crude for Asia.
Glencore and Taiwan's CPC have each chartered a tanker to load Middle Eastern crude.
KEY POINTS
- These tankers are preparing to exit the Gulf via the Strait of Hormuz.
- This activity follows a ceasefire in the U.S.-Iran conflict.
- The resumption of tanker movements signals renewed crude flows to Asia post-ceasefire.
COMPANIES
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