
(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
Volkswagen in talks with defence firms on use of Germany plant: CEO - 2
Humpback whale stranded on Germany's Baltic coast frees itself - 3
Medicine doesn’t just have ‘conscientious objectors’ − there are ‘conscientious providers,’ too - 4
Conquering Social Generalizations: Individual Accounts of Strengthening - 5
US EPA will reassess safety of herbicide paraquat, says its chief
New method spots signs of Earth's primordial life in ancient rocks
Top 15 Online Entertainment Stages for Individual Marking
Beneficial Growing Conditions in West Africa Weigh on Cocoa Prices
'The Golden Bachelor' Season 2 finale: How to watch tonight, start time, where to stream and more
David Duchovny's new thriller has him stripping down at 65. But its chilling premise hits close to home.
Banks for High Fixed Store Rates: Amplify Your Reserve funds
New images reveal interstellar comet 3I/ATLAS approaching Earth
Charity 'feels the pinch' of higher energy prices
UN rights chief: Israel's new Gaza aid agency rules 'outrageous'













