
(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
Optimal Beauty Parlor Medicines for Upgraded Wellbeing and Appearance - 2
At 72, Kathie Lee Gifford says aging isn’t what she expected. 'The golden years? It’s a lie.’ - 3
From Sea shores to Urban areas: Astonishing Worldwide Travel Objections - 4
'Stranger Things' Season 5: When does Volume 2 come out? And Volume 3? Everything to know about the remaining episodes before the finale. - 5
Director Emerald Fennell explains why "Wuthering Heights" has quotation marks around the title
Instructions to Grasp the Innovation Behind 5G Pinnacles\
Activists: Venezuela released just nine prisoners despite promise
Toddler given just 3 years to live after strange symptoms makes full recovery
The Extraordinary Excursion of Dental Embed Innovation
UK forecast to face weaker growth and higher inflation from Iran war
Grasping the Basics of Business Land Regulation
Whale stranded in the Baltic Sea swims free again. It still faces a tough task
Tech Patterns 2023: 12 Advancements to Keep an eye Out For
CDC changes kids' vaccine schedule, removing universal recommendation for some shots












