OfficialShipping, energy & marketsBackgroundStrait of Hormuz
Iran exempts Iraq from Hormuz restrictions; Iraqi crude tanker crosses next day
- Mountain Time
- Local time
- 8:10 PM in Tehran
- Where
- Strait of Hormuz
Iran's Khatam al-Anbiya joint command said Iraq would be exempt from transit restrictions in the strait, which spokesman Ebrahim Zolfaghari said "only apply to enemy countries." On Sunday the Panama-flagged Ocean Thunder, carrying about 1 million barrels of Basrah crude, sailed through, and Iraq's foreign minister thanked Iran's ambassador.
Why it matters
Iraq relies on oil for almost 90% of its budget and exports most of it through Hormuz, and the exemption showed Tehran granting passage to friendly states while restricting others.
Sources (4)
- Al Jazeeraaljazeera.comPublished
- Associated Pressapnews.comPublished
- CBS Newscbsnews.comPublished
- Al Jazeera (2)aljazeera.comPublished
Confidence: Stated by a named government, military, or institution. Not independently confirmed. About confidence labels