Iranian and Chinese Tankers Export Oil as Hormuz Stays Officially Shut
β½ TEHRAN β Oil moving out while the strait is officially shut. π LOOK CLOSER: Iranian and Chinese tankers exporting crude despite the re-closure signals a shadow corridor β Hormuz selectively permeable or alternate routes active. The Treasury waiver issued yesterday now has a physical outlet. Beijing absorbing barrels under closure cover insulates both from enforcement. The deal's sequencing β relief after reopening β is already being bypassed on the water.