⚡️⛔️🚢🛢🇮🇷🇨🇳 Chinese oil majors have stopped sending tankers through the Strait of #Hormuz and Bab el-Mandeb — Reuters 📍Chinese state-owned companies COSCO and CMES have stopped sending oil tankers through the Strait of Hormuz and Bab el-Mandeb due to security threats. 📍They are now loading oil from the Middle East at safer points outside the Persian Gulf, primarily in Fujairah and ports in Oman. 📍The decision is due to increasing risks to shipping on key routes.