
(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
Five EU states press for windfall taxes on fossil energy sector - 2
What to know about the hepatitis B shot — and why Trump officials are targeting it - 3
Doctors say changes to US vaccine recommendations are confusing parents and could harm kids - 4
Bahrain cracks down on dissent as war grinds on - 5
Best Food Truck Cooking: Decision in favor of Your Number one!
Figure out How to Pick the Right Toothbrush for You
The Oscars are moving from ABC to YouTube starting in 2029
What's Your #1 Pizza Beating Mix?
Benedict Cumberbatch takes on something even Sherlock can’t solve: male grief
The most effective method to Use an Internet Showcasing Degree for Advanced Predominance
NASA Artemis 2 astronauts to make historic moon flyby today. Here's what to expect hour by hour (timeline)
Virtual National Science Foundation internships aren’t just a pandemic stopgap – they can open up opportunities for more STEM students
From a new flagship space telescope to lunar exploration, global cooperation – and competition – will make 2026 an exciting year for space
The most effective method to Decide the Best Auto Crash Attorney for Your Lawful Necessities












