
(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
April full moon 2026 dazzles as 'Pink Moon' lights up skies worldwide (photos) - 2
The Tradition of Stone: A Gander at Notable Structures Through the Ages - 3
The Solution to Individual budget: Dominating Cash The board - 4
Images of Bangladeshi motorcyclists sleeping at petrol pumps are AI-generated - 5
Make your choice for a definitive Christmas getaway destination!
Why is the Artemis 2 rocket launch different from all other rocket launches?
South America's Memorable Destinations: A Movement Guide
Osteoporosis, the silent disease, can shorten your life − here’s how to prevent fractures and keep bones healthy
Steinmeier honours Italian 'guest workers' who rebuilt German economy
Track down the Ideal Weight reduction Methodology for Your Way of life
Examination In progress into Abuse of Japanese Government-Supported Advance
After fleeing past Hezbollah fighting, some Israelis on northern border vow to stay
DEA seizes 1.7 million counterfeit fentanyl pills in Colorado storage unit
Brexit's Effect on New York's Ascent as a Main Monetary Center













