Source: Bloomberg
“A US-sanctioned tanker linked to China is making its way through the Strait of Hormuz, testing President Donald Trump’s naval blockade. Rich Starry, a medium-range tanker earlier known as Full Star, was blacklisted by Washington in 2023 for helping Tehran evade energy sanctions. It is not clear on this occasion whether it visited Iranian ports before its transit, or is carrying cargo. This exit from the Persian Gulf is a second attempt for the carrier in less than 24 hours. Just as the blockade came into effect, Rich Starry was making its way into the narrow waterway near Iran’s Qeshm Island and turned back — only to restart its exit just hours later, broadcasting that it has a Chinese owner and crew. This is a safety mechanism frequently used by vessels, but will test US resolve to challenge vessels tied to the world’s largest oil importer.” (04/14/26)