U.S. revokes Iran oil sales authorization after tanker attacks
The Treasury set a July 17 wind-down deadline, and oil prices rose more than 3% after the move, 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.
241 Articles
241 Articles
The United States is reimposing sanctions on Iranian oil trade after tankers were attacked again in the Strait of Hormuz, the Treasury Department said Tuesday, revoking a waiver granted just over two weeks ago.
US launches new strikes on Iran, reinstates oil sanctions after Strait of Hormuz attacks
The U.S. military unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing the country to sell oil after three tankers were hit by projectiles in the Strait of Hormuz, putting pressure on an already fragile ceasefire.After a day in which huge crowds mourned Iran's slain Supreme Leader Ayatollah Ali Khamenei in the holy city of Qom, U.S. Central Command said it completed strikes that hit over 80 targets in an effort…
US launches new strikes on Iran, revokes oil sales permit after 3 ships attacked in Strait of Hormuz - American Press
The U.S. military attacked Iran early Wednesday after it said Tehran struck three ships in the Strait of Hormuz, part of an American effort that also revoked the Islamic Republic’s ability to openly sell crude oil in the world market. Iran immediately warned Washington it would “take whatever measures it deems necessary,” raising the risks that an interim agreement in the war halting fighting could break down, putting the wider Middle East again…
Trump Administration Reinstates Iran Oil Sanctions
The Trump administration on Tuesday reimposed sanctions on Iranian oil and petrochemical sales after Tehran reportedly attacked three vessels near the Strait of Hormuz. The post Trump Administration Reinstates Iran Oil Sanctions appeared first on Breitbart.
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