Tanker Carrying Iraqi Oil Crosses Hormuz

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A very large crude carrier under a Panama flag has passed through the Strait of Hormuz carrying 2 million barrels of Iraqi crude, Bloomberg has reported, citing ship-tracking data. This makes the Omega Trader the first tanker to export Iraqi crude since Iran all but shut off the strait. According to the data, the Omega Trader, which is operated by Japan’s Mitsui OSK, had arrived in India, which is where most of the oil that has been allowed to pass through the Strait of Hormuz over the past three weeks has been delivered. The latest vessel…

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Original article published by OilPrice.com on March 24, 2026.
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