
(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
The Advancement and Effect of Dental Embed Innovation on Oral Wellbeing - 2
5 Critical Rules For Business Regulation Chiefs - 3
New peace laureate: Iran's arrest of Mohammadi 'confession of fear' - 4
Find the Mysteries of Effective Objective Setting: Transforming Dreams into Feasible Targets - 5
Collins Foods to offload 20 Taco Bell outlets in Australia
Why don’t humans have hair all over their bodies? A biologist explains our lack of fur
Book excerpt: "Eat Your Ice Cream" by Ezekiel J. Emanuel, M.D.
Dependable Savvy Locks to Update Your Home Security
IDF destroys Hamas shaft in northern Gaza with loaded 'ready to fire' rocket aimed at Sderot
Careful Living: Embracing the Current Second
Picking the Right Pot for Your Plants: An Aide for Plant Devotees
Israel's fractured opposition hands Netanyahu a full term
Aspirin can prevent a serious pregnancy complication — but too few women get it, new report suggests
Make your choice for the bird that catches your heart!













