
(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
Venus shines at its best in spring and summer 2026 — here's what to look for - 2
Ariana Grande to host 'Saturday Night Live' Christmas show with Cher as musical guest, returning after nearly 40 years - 3
Instructions to Investigate Different Open Record Extra Offers Actually - 4
The powerful new Rubin Observatory just found 11,000 new asteroids and measured 'tens of thousands more' - 5
Which salad do you believe is a definitive group pleaser? Vote!
Iran fires one of largest barrages in weeks ahead of Passover
This country music star spent years hiding his sexuality. Coming out — and beating addiction — has made his soul feel '20 pounds lighter.'
Lula’s former human rights minister formally accused of sexual misconduct
How a niche Catholic approach to infertility treatment became a new talking point for MAHA conservatives
Pick Your Favored kind of soup
Why are NASA's Artemis astronauts wearing orange? What are they bringing to space? What to know about the preparation for their moon mission.
A Manual for Nations with Extraordinary Food
As reefs vanish, assisted coral fertilization offers hope in the Dominican Republic
Artemis will take Americans to the moon for the 1st time since 1972. Why has it been so hard to go back?












