The department approved the 60-day license last month, which waived sanctions on Iranian oil as part of an interim agreement to end the fighting in the Middle East.
The Trump administration on Monday canceled its waiver on Iranian oil sales after Tehran fired missiles at three ships near the Strait of Hormuz over the past 24 hours, calling the aggression “wholly unacceptable.
WASHINGTON >> The United States today revoked a general license that authorized the sale of Iranian oil, as an official warned that Iran’s actions in the Strait of Hormuz were “wholly unacceptable” and would be met with consequences after attacks on tankers in the strategic waterway.
The Trump administration on Tuesday revoked the temporary waivers it issued as part of the memorandum of understanding (MOU) with Iran that allowed Tehran to sell oil, the Department of Treasury announced.
The Trump administration on Tuesday revoked a sanctions waiver that had allowed the sale of Iranian oil and petrochemicals. The revocation comes after Iran reportedly struck three ships near the Strait of Hormuz, a key oil shipping waterway.
The United States Treasury Department on Tuesday rescinded temporary sanctions waivers that permitted Iran to export oil after Tehran attacked three ships in the Strait of Hormuz, raising new concerns about maritime security and threatening a fragile peace agreement with Washington.
Iran’s attacks on commercial vessels in the Strait of Hormuz have prompted the U.S. to revoke key sanctions waivers, raising concerns over the fragile ceasefire in the Middle East. PULSE POINTS ❓ WHAT HAPPENED: The United States has revoked oil sanctions waivers granted to Iran following attacks on …
The United States revoked a temporary sanctions waiver for Iranian oil Tuesday after three tankers were struck in the Strait of Hormuz, raising pressure on Tehran as it negotiates with Washington over ending the Middle East war.
The U.S. Treasury Department revoked a waiver that allowed the sale of Iranian oil in response to attacks on tankers in the Strait of Hormuz, jeopardizing an interim peace deal between Washington and Tehran. The Office of Foreign Assets Control…
Treasury’s Office of Foreign Assets Control issued a new license revoking the waiver and requiring companies to start the process to end oil transactions with Iran by July 17.
U.S. revokes Iran oil sales authorization after tanker attacks | 7 July 2026 | The U.S. Treasury Department on Tuesday revoked its authorization of Iranian oil sales after a series of attacks on tankers in the Strait of Hormuz this week.
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 […] Source
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