
(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
'Set up an Army Radio station at President’s Residence': Source close to Katz slams Herzog - 2
Wisconsin archaeologists identify 16 ancient canoes in a prehistoric lake 'parking lot' - 3
Flat Earth, spirits and conspiracy theories – experience can shape even extraordinary beliefs - 4
Instructions to Perceive and Grasp the Early Side effects of Cellular breakdown in the lungs - 5
Chinese astronauts’ return to Earth delayed over fears spaceship damaged by debris
People are getting their news from AI – and it’s altering their views
Which Instax Camera Would it be a good idea for you to Purchase?
How do my eyes adjust to the dark and how long does it take?
See the 'amazing' photos of Earth taken on historic Artemis II moon mission
Spain and Catholic Church agree to compensate sex abuse victims
The wolf supermoon will kick off 2026 with a celestial bang. Here's when and how to see it.
5 Critical Rules For Business Regulation Chiefs
Careful Connections: Building Association and Trust
The Most Rousing Ladies Business visionaries of Today













