Three tankers hit in Strait of Hormuz as US revokes licence on Iranian oil sales
The US Treasury issued the 60-day licence last month, waiving sanctions on Iranian oil as part of an interim agreement to end the fighting.
Day: July 7, 2026
US revokes Iran oil license after ‘wholly unacceptable’ attacks on ships in Strait of Hormuz
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US Revokes Iran Oil Waiver After Tanker Attacks In Strait Of Hormuz
The US Treasury Department canceled a license announced in June that had allowed Iran to produce, sell and deliver crude oil and related products through August 21.