
(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
Shredded cheese recall: Multiple brands sold at Aldi, Target and Walmart affected over potential metal fragment contamination - 2
Born under fire: MDA delivers baby in Jerusalem minutes before rushing to shelter - 3
'The Real Housewives of Rhode Island' 1st teaser trailer unveiled: Which Bachelor Nation star is part of the cast? And when does it premiere? - 4
Hunger and makeshift shelters persist in north Caribbean nearly 2 months after Hurricane Melissa - 5
The German series proving subtitles can be sexy — and wildly addictive
EU health regulator urges immediate vaccinations amid early surge in flu cases
Ergonomic Office Seats for Work spaces
5 Chiefs That Changed Our Opinion on Film
Pick Your Top Method for starting the Morning
Tesla Stock Hasn’t Looked This Cheap in a While
Everything you should know before booking a trip to Spain
Irish defence minister's trip to Lebanon cancelled
How a rare drug made from scientists' blood saves babies from botulism
Artemis 2 astronauts are now headed to the moon. Why has it taken humanity so long to go back?











