U.S. revokes Iran oil sales authorization after tanker attacks
The move restores full sanctions pressure as oil prices rose more than 3% after attacks on three tankers in the Strait of Hormuz, officials said.
- The United States is revoking a sanctions waiver allowing Iranian oil sales following alleged tanker attacks near the Strait of Hormuz, as President Donald Trump departs for a NATO summit in Turkey.
- Iran allegedly fired on three commercial vessels Tuesday in Omani territorial waters near the Strait of Hormuz, which a U.S. official described as a "gross violation" of the MOU requiring safe passage.
- Eight nautical miles east of Limah, Oman, the Qatari-flagged vessel Rakiyat was struck on Monday; the UKMTO reported the attack at 9:19 p.m. UTC, igniting a fire with no casualties reported.
- Condemning the attack as a "grave and explicit violation," The Qatari Foreign Ministry blamed Iran and demanded Tehran halt actions threatening regional security, holding the nation fully legally responsible for damages.
- Amid the funeral for Ayatollah Ali Khamenei, Tehran has paused negotiations with the United States; President Trump stated the U.S. would either reach a final deal with Iran or "finish the job.
192 Articles
192 Articles
Beckley Register-Herald
Coast ReporterUS launches new strikes on Iran, revokes oil sales permit after 3 ships attacked in Strait of Hormuz
The U.S. military has attacked Iran after it said Tehran struck three ships in the Strait of Hormuz. The strikes Wednesday came as part of an American effort that also revoked the Islamic Republic’s ability to openly sell crude oil…
US Revokes Sanctions Relief on Iranian Oil After Tanker Attacks in Strait of Hormuz
Get latest articles and stories on World at LatestLY. "Iran's actions in the strait were wholly unacceptable to the United States and will be met with consequences. Our negotiators continue to work in good faith towards a final deal," the official added. World News | US Revokes Sanctions Relief on Iranian Oil After Tanker Attacks in Strait of Hormuz.
Global oil prices rose more than 3% after Iran attacked a Qatari liquefied natural gas (LNG) tanker near the Strait of Hormuz, following a series of attacks on oil tankers.
Ada Derana
US revokes Iran oil waiver after Hormuz tanker attacks
3 tankers hit in the Strait of Hormuz as US revokes license authorizing sale of Iranian oil
Three tankers were struck by projectiles in the Strait of Hormuz. The British military on Tuesday announced the latest attacks targeting vessels moving through the fuel-shipping waterway that is central to negotiations seeking a permanent end to the war between…
Oil Jumps on Iran Attack, Asian Stocks Set to Drop: Markets Wrap
Oil climbed as the US military launched fresh air strikes in Iran and revoked a waiver that allowed it to sell crude globally. Stocks in Asia were poised to drop for a second day as a selloff in chipmakers rippled across markets.
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