The tanker was attacked off the UAE’s Al Jeer Port on May 4, according to the report, which cited people familiar with the incident. The vessel’s deck caught fire during the attack and bore markings reading “CHINA OWNER & CREW,” Caixin said.

No casualties or details regarding the extent of the damage were immediately disclosed.A person familiar with the shipowner told Caixin the incident represented the first known attack involving a Chinese oil tanker in the region, describing the event as “psychologically very hard to accept.”The strike comes amid mounting security risks around the Strait of Hormuz, a strategic maritime chokepoint through which a significant share of global oil and fuel shipments passes daily.

Shipping activity across the Gulf region has faced heightened disruption since the outbreak of hostilities involving Iran, the United States and Israel earlier this year. Regional tensions have raised concerns among energy traders, insurers and shipping operators over vessel safety and supply-chain stability.

The reported attack follows a series of incidents affecting commercial shipping near Hormuz, including claims and denials involving vessels linked to South Korea and other Asian economies heavily dependent on Gulf energy supplies.China, the world’s largest crude oil importer, relies heavily on Middle Eastern energy exports transported through the Strait of Hormuz.

Beijing has repeatedly called for stability in the Gulf and urged all parties to avoid actions that could threaten international trade routes.Neither Chinese authorities nor UAE officials immediately issued public statements regarding the reported attack.

The visit marks the first state trip by a South Korean president to India in eight years and comes as both countries seek to strengthen supply chain resilience amid global economic uncertainty linked to the Iran conflict.Lee said the current level of economic cooperation between the two countries remains limited and called for a substantial expansion of ties.

Officials from Seoul said the two sides plan to upgrade their Comprehensive Economic Partnership Agreement to boost trade from $25.7 billion recorded last year.Discussions are expected to cover sectors including shipbuilding, finance, artificial intelligence and defence, with Lee also scheduled to attend business events alongside corporate leaders during his visit.

South Korea has increasingly looked to India as a key partner in diversifying supply chains, particularly as disruptions in the Middle East affect energy flows. Last month, Seoul sought increased naphtha supplies from India to offset potential shortages linked to regional tensions.

India accounted for about 8% of South Korea’s naphtha imports last year, and officials say expanding energy trade could also help address imbalances in bilateral commerce. South Korea recorded a trade surplus of $12.8 billion with India, exporting $19.2 billion worth of goods while importing $6.4 billion, according to Korea International Trade Association data.

Analysts say closer cooperation in shipbuilding could emerge as a focal point, aligning India’s employment priorities with South Korea’s industrial strengths. Consumer goods and food sectors tied to the global popularity of Korean culture are also seen as potential growth areas.

Lee is expected to travel to Vietnam after concluding his India visit, as part of a broader regional outreach strategy.