Report: The first giant oil tanker carrying Iraqi crude oil has passed through the Strait of Hormuz

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Source: Cailian Press

Cailian Press, March 24 — (Editor: Shi Zhengcheng) The latest market news reports that a giant oil tanker carrying two million barrels of Iraqi crude successfully passed through the Strait of Hormuz. If this news is accurate, it would be the first observed vessel to successfully transit the route and export Iraqi oil since the Middle East conflict reignited.

Ship positioning signals show that the Omega Trader, managed by Mitsui O.S.K. Lines, is now located near Mumbai, India. According to reports, the last signal from this ship was over ten days ago, and it was inside the Persian Gulf.

(Source: marinetraffic)

As of press time, this news has not been confirmed by relevant authorities.

Since the conflict erupted, only a few oil tankers have passed through the strait, so any signs of navigation are closely watched by the market. As the US-Israel-Iran war enters its fourth week, the route involved in one-fifth of global oil trade remains shut down, causing what is considered the largest supply disruption in oil market history.

Based on the destination of the aforementioned oil tanker, there may be some diplomatic mediation by India behind the vessel’s passage.

Last week, reports indicated that, amid diplomatic efforts by India, the Iranian navy escorted an Indian liquefied petroleum gas (LPG) tanker through the Strait of Hormuz. During the crossing, Indian ships maintained radio contact with the Iranian navy. Iran recorded details such as the ship’s flag, name, departure and destination ports, and crew nationality (all crew members are Indian), guiding it along the agreed route.

This also supports some analysts’ speculation that Iran is implementing a “traffic control system” in the Strait of Hormuz, identifying and allowing safe passage for friendly nations’ ships while causing others to worry about attacks.

Navigation data also shows that in recent days, other oil tankers have departed from the Persian Gulf.

For example, the Al Ruwais, loaded with naphtha from the UAE in early March, is currently heading to Asia; Abu Dhabi-III, also loaded with fuel from the UAE’s Ruwais, arrived at Vadhinar Port in India on Monday. Since many ships turn off signals while crossing the strait, their navigation status only becomes clear after leaving the Persian Gulf.

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Editor: Zhao Siyuan