Oil Tanker Transits Strait of Hormuz Following Iranian Exemption Announcement

An oil tanker carrying Iraqi crude has been observed navigating the Strait of Hormuz near the Iranian coast, a day after Iran announced Iraq's exemption from restrictions on this vital passage. According to Odaily, data from LSEG and Kpler indicate that the vessel, named 'Ocean Thunder,' loaded approximately one million barrels of Basra heavy crude on March 2. It is expected to unload in Pengerang, Malaysia, by mid-April.