CLAVE 1 / 4COSCO and CMES control over 100 VLCCs, each carrying 2 million barrels of oil.
CLAVE 2 / 4Ship-to-ship transfers in the Gulf of Oman surged to 600,000 barrels per day in June-July 2026.
CLAVE 3 / 4Daily tanker earnings on the Oman-China route jumped to $140,000, up from $30,000-$40,000 pre-war.
CLAVE 4 / 4CMES confirmed in late July that its vessels would not enter the Strait of Hormuz for the time being.
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