
(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
Gulf countries roll out more autonomous taxis - 2
The Best 20 Photography Instagram Records to Follow - 3
Heading to Florida for NASA's Artemis 2 moon launch? Here's what to know before you go - 4
Child influencers helped power a booming industry. It's time for a reckoning. - 5
Southern Californians, your health insurance costs could rise in 2026
Tehran defends ship seizure as a legal action, but tensions continue in the Gulf
Hilary Duff announces new album ‘Luck… or Something,’ her first in over 10 years: ‘Excited is the largest understatement’
Several Israelis attempt to cross into Gaza, escorted back to Israel by IDF
Artemis II astronauts arrive in Florida to prepare for launch to the moon
Step by step instructions to Pick the Right Dental specialist for Your Teeth Substitution
Sydney Sweeney is returning in 'The Housemaid's Secret': What to know about 'The Housemaid' sequel
Progress Over Perfection: Lessons From Garment Factories Fighting Heat Stress
The 25 Most Notable Style Crossroads in History
The most effective method to Shake Hands Expertly: A Bit by bit Guide













