
(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
Creative Do-It-Yourself Ventures for Each Expertise Level - 2
Norovirus is spreading earlier again this year, wastewater data shows - 3
Bolsonaro briefly leaves Brazilian prison for medical tests after a fall from his bed - 4
Two die and thousands homeless after flooding hits Russia's Dagestan - 5
From Overpowered to Coordinated: Individual Accounts of Cleaning up
Corcept Therapeutics shares surge as lead drug gets FDA nod for ovarian cancer
‘Nahariya get ready’: Banner displaying Hezbollah threat mounted in Tehran’s Palestine Square
Stolen Renoir, Cézanne and Matisse were probably uninsured, market sources say
Korean Air takes emergency action as fuel prices soar
An Extended time of Self-Reflection: Self-awareness through Journaling
How to watch Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest: Start time, TV channel, performers and more
French high-speed train slams into truck, killing TGV driver
How Would You Like to Deal with Your Funds?
Consumers advised to dispose of 19 cooking pans due to lead leaching risk, FDA reports













