
(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
Miss Thailand Pageant Contestant's Veneers Fall Out During Speech on Stage - 2
Satellite constellations could obscure most space telescope observations by late 2030s: 'That part of the image will be forever lost' - 3
An Extended period of Voyaging Carefully: the World with Reason - 4
Vote In favor of Your Favored Pizza Cover - 5
Surging measles cases are 'fire alarm' warning that other diseases could be next
Impact of NIH funding reductions felt in cancer and infectious disease trials
Sheinelle Jones will cohost fourth hour of 'Today' with Jenna Bush Hager: Here's what to know about her
Grasping the Basics of Business Land Regulation
They want better health care — so they're turning to crypto startups
Mississippi Insight for Jan. 11, 2026
The Best Games On the planet
When is MLK Day? Plus, the dates of when other federal holidays land in 2026.
Heart disease risk greater for women with a common condition they may not be aware they have
Trump administration plan to reduce access to some student loans angers nurses, health care groups












