Tehran (TDI): Two Chinese oil tankers have exited the Strait of Hormuz, according to shipping data, amid signs of possible easing tensions in the US-Israel conflict with Iran.
The development comes after US President Donald Trump and Vice President JD Vance made optimistic remarks about ongoing diplomatic efforts.
Trump said the conflict could end quickly and claimed that Iran is seeking a deal to stop hostilities. He also suggested that a military response had been close but was paused due to a new proposal from Tehran.
Vance, speaking at the White House, said negotiations are ongoing but complicated, noting that Iran’s internal positions are not always clear.
Oil markets reacted to the comments, with Brent crude prices briefly falling before recovering some losses. Analysts said investors are closely watching whether Washington and Tehran can reach common ground after shifting US positions in recent days.
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The conflict has disrupted energy flows through the Gulf, with many tankers affected. However, recent shipping data showed two supertankers carrying Iraqi crude moved through the Strait, suggesting some easing in movement.
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Iranian officials say their latest proposal includes a broader regional ceasefire, withdrawal of US forces from nearby areas, sanctions relief, and compensation for damage. US officials have dismissed earlier versions of similar proposals, calling them unacceptable.
