
(Bloomberg) -- An oil tanker carrying crude from Iraq appeared to be transiting the Strait of Hormuz chokepoint, a day after Iran said its neighbor had special exemption to use the waterway.
The Suezmax Ocean Thunder picked up its cargo from Iraq’s Basrah terminal in early March and is now bound for Malaysia, according to tanker-tracking data compiled by Bloomberg. Such vessels can carry about 1 million barrels of crude. The Asian nation has also received dispensation to use the strait, which is blocked for most other countries.
The Iranian military said Saturday it had granted an exemption on shipping restrictions to “brotherly Iraq,” though it remained unclear how this would be implemented in practice. At the end of March, Malaysia said its tankers had been given permission to cross the vital sea corridor.
Tracking data show the Ocean Thunder traversing the strait via a narrow northerly route that takes ships between the Iranian islands of Larak and Qeshm. Recent recorded transits have taken that passage apparently approved by Tehran.
Tracking vessel movements can be an inexact science because of the potential for electronic interference with ships’ signals and the intentional disablement of transponders by pilots sailing through risky zones.
Oil traders have been closely watching the strait since it was effectively shuttered shortly after the US and Israel launched attacks on the Islamic Republic on Feb. 28. The closure has bolstered prices of crude oil and products such as jet fuel and diesel, threatening financial pain for consumers everywhere.
More stories like this are available on bloomberg.com
©2026 Bloomberg L.P.
LATEST POSTS
- 1
Happy with Running Shoes for 2024 - 2
NASA's Artemis astronauts enter final preparations for Moon mission - 3
Vaccine committee votes to scrap universal hepatitis B shots for newborns despite outcry from children’s health experts - 4
Lego's $650 Pokémon set is already sold out as demand, preorders surge - 5
Knesset FADC extends emergency draft for 280,000 IDF reservists until January 1
The Best Games Crossroads in History
NATO needs Ukraine's 'adaptation DNA' and an 'HOV lane' for new war tech, top commander says
The most effective method to Settle on Informed Conclusions about Senior Insuranc.
If you want a true taste of Italian paradise, head to Favignana
Free Fuel Giveaway Sparks Traffic Mayhem Before Police Shut It Down
Empathy and reasoning aren’t rivals – new research shows they work together to drive people to help more
BHP liable for 2015 Brazil mine disaster: UK court
‘This year nearly broke me as a scientist’ – US researchers reflect on how 2025’s science cuts have changed their lives
Which Espresso Do You Like Best? Vote












