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Petronas-chartered tanker loaded with Iraqi crude passes through Hormuz
The Ocean Thunder carried about 1 million barrels of Basrah Heavy crude after Iran exempted Iraq from Strait of Hormuz restrictions.
- On Sunday, the Ocean Thunder Suezmax tanker transited the Strait of Hormuz carrying about 1 million barrels of Iraqi crude oil under a special exemption granted by Iran.
- Iran's Khatam al-Anbiya Central Headquarters granted this exemption to "brotherly Iraq" on Saturday, citing respect for its national sovereignty while applying controls to "enemy countries."
- Maritime traffic in the strait has gradually increased, with 53 transits recorded last week; vessels linked to France, Japan, and Malaysia also received clearance to traverse the route.
- Since U.S. and Israeli strikes began on February 28, Iran has effectively blockaded the waterway, keeping Brent crude prices hovering above $109 a barrel.
- Ship traffic remains down more than 90 percent from normal levels, though data from the last 24 hours suggests a potential recovery as analysts monitor Tehran's next moves.
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An oil tanker with Iraqi crude through the Straits of Ormuz a day after I announced that Iraq was exempt from all restrictions.
·Mexico City, Mexico
Read Full ArticleThe Ocean Thunder loaded about 1 million Basrah Heavy oil barrels on 2 March and has to download its cargo in Pengerang, Malaysia, in mid-April, according to Kpler data
·Brazil
Read Full ArticleCoverage Details
Total News Sources35
Leaning Left2Leaning Right11Center5Last UpdatedBias Distribution61% Right
Bias Distribution
- 61% of the sources lean Right
61% Right
11%
C 28%
R 61%
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