
(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 Best Portable Applications for Psychological wellness and Prosperity - 2
These HGTV stars made a pledge to keep their kids off smartphones. Here's how it's going. - 3
'We need everyone,' wounded reservist urges Knesset panel to advance haredi draft law - 4
Met Gala 2026 will celebrate fashion as an 'embodied art form': A guide to the theme, dress code, cochairs and hosting committee of the starry event - 5
Brazil passes anti-gang law allowing seized crypto to fund security forces
Your big brain makes you human – count your neurons when you count your blessings
Don't miss the waxing moon swing by the Beehive star cluster March 27
The Way to Monetary Freedom: A Viable Aide
The Meaning of Breaking the Pen's Nib in Death penalties
Brilliant and Gleaming: Excellence and Skincare Practices
'It's doing badly': Fears grow for whale stuck off Germany's coast
Remote Headphones: Upgrade Your Sound Insight
Qantas and Virgin Australia Ban Power Bank Usage on Flights Following Safety Incidents
Opening Achievement: 8 Methodologies for Compelling Using time productively













