
(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
5 Most Expected Film Delivery - 2
See the first close-up photos of the moon from NASA's Artemis II mission - 3
Sudan war ‘being fought on women’s bodies’: Survivors detail sexual assault - 4
Crew-11 astronauts undock in 1st-ever medical evacuation from the International Space Station (video) - 5
Ukrainian drones hit all three Baltic States − did Russia redirect them?
Ukraine: Russians abduct 50 Ukrainians from border village in Sumy
Fake new headlights rule steer Australian drivers astray
Remote Headphones: Upgrade Your Sound Insight
Vaccine committee votes to scrap universal hepatitis B shots for newborns despite outcry from children’s health experts
Timothy Busfield turns himself in to face child sexual abuse charges in New Mexico
Brazil judge orders government to add JBS subsidiary to 'dirty list' for slavery
Dominating the Mastercard Endorsement Cycle: Six Fundamental Stages
DEA seizes 1.7 million counterfeit fentanyl pills in Colorado storage unit
The Main 15 Applications for Efficiency and Association












