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.
279 Articles
279 Articles
Attacks in the Strait of Ormuz, a strong U.S. military response and the reimposition of oil sanctions precipitated the fall of an agreement that was already weak
Trump threatens to strike Iran’s civilian infrastructure - Boston News, Weather, Sports
DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump threatened Wednesday to strike Iran’s civilian infrastructure and to seize Kharg Island, with its oil infrastructure, as his ceasefire with Tehran appeared to be in tatters. Trump made the threats after announcing that the U.S. was preparing for a second night of strikes against Iran after Iranian attacks on American military sites in the Gulf. If the U.S. has to, Trump said, it will…
Iran War: Trump Declares MOU Over After Biggest US-Iran Exchange of Strikes Since Signing in Struggle Over Strait of Hormuz Control; US Suspends Iran Oil Sanction Waiver
Today's Iran war news: As many expected, the MOU is coming apart as the US-Iran fight for control of the Strait of Hormuz escalates.
US-Iran on dangerous path to blowing up MOU over Hormuz
For the second time since the U.S.-Iran Memorandum of Understanding (MOU) was signed, Washington and Tehran have slipped back into direct military confrontation. The United States struck “80 targets in Iran with precision munitions” after Iranian forces fired on several ships transiting the Strait of Hormuz without prior coordination with Tehran. The scale of the American strikes reportedly far exceeded the previous U.S.-Iran exchange, suggestin…
The Billings Gazette
News & RecordUS pulls license that allowed Iranian oil sales
WASHINGTON — The United States revoked a general license Tuesday that authorized the sale of Iranian oil, as a U.S. official warned that Iran's actions in the Strait of Hormuz were "wholly unacceptable" and would be met with consequences after…
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