This aerial photo shows a tanker unloading imported crude oil at a terminal port in Qingdao, in China’s eastern Shandong province on June 25, 2026. Instead of risking the chokepoints, two state-owned shipping companies are now loading oil through ship-to-ship transfers at safer locations outside the Arabian Gulf.

24.6 million bopd: Mid-East oil finds a way around war

Middle East crude flows recover but shipping challenges persist

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