Yes. On October 3, 2026, Iraq’s state-owned Oil Tanker Company said it transported 2 million barrels of Iraqi crude aboard a very large crude carrier (VLCC) through the Strait of Hormuz — the company’s first such operation in decades, according to director general Ali Qais Abdul Jabbar.
The company is now moving the crude through the strait rather than delivering it only at the port of Basra, which gives state oil marketer SOMO more flexibility in where and how it sells the oil and could improve pricing opportunities. Iraq has previously secured Iranian permission for its tankers to transit Hormuz, which Iran has effectively restricted during its conflict with the United States.