
(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
Blue Origin launches New Glenn rocket on company's first NASA-scale science mission - 2
This Underrated Italian City Boasts Indulgent Food & Captivating Views For A Romantic Escape - 3
Instructions to Really Oversee Unsold SUVs in the Auto Business - 4
The Golden Globes gift bag has nearly $1 million worth of swag for some winners and presenters. What's in it? - 5
Manual for Famous people Known for Their Altruistic Endeavors
Triple polar vortex to plunge central and eastern U.S. into Arctic cold through mid-December
RFK Jr.'s diet guidelines emphasize red meat, full-fat dairy. How healthy are they?
Israeli archaeologists launch project to trace origins of ancient pottery
Hezbollah sees potential win as Israel backs down from disarmament goal
Joshua Made Last-Second Seat Change That Saved His Life
This country music star spent years hiding his sexuality. Coming out — and beating addiction — has made his soul feel '20 pounds lighter.'
Top 5 Top of the line Books of the Year
Why don’t humans have hair all over their bodies? A biologist explains our lack of fur
Hoist Your Style: Famous Hairdos for Ladies












