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.
19 Articles
19 Articles
An oil tanker with Iraqi crude through the Straits of Ormuz a day after I announced that Iraq was exempt from all restrictions.
The 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
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Tanker loaded with Iraqi crude passes through Hormuz, shipping data shows
LONDON: An oil tanker loaded with Iraqi crude was seen passing through the Strait of Hormuz close to the Iranian coast a day after Iran said Iraq was exempt from any restrictions to transit the vital sea route, data from LSEG and Kpler showed. The Ocean Thunder loaded about 1 million barrels of Basrah Heavy crude on March 2 and is expected to discharge its cargo in
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