LONDON/KUALA LUMPUR (April 5): An oil tanker loaded with Iraqi crude passed 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 one million barrels of Basrah Heavy crude on March 2 and is expected to discharge its cargo in Malaysia's Pengerang in mid-April, Kpler data showed. Malaysia's Prime Minister Datuk Seri Anwar Ibrahim said last month that Iran would allow Malaysian vessels to pass through the strait after holding talks with Iranian officials. Malaysia said on Wednesday that Iran would allow its ships to pass through the strait without paying any tolls. Iran has said it could levy fees on vessels sailing through the waterway.

Source: The Edge Markets April 06, 2026 01:13 UTC