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nitpicked

(2,056 posts)
3. updated version
Tue Jul 7, 2026, 03:49 PM
Tuesday

The U.S. Treasury Department will revoke its authorization of Iranian oil sales after a series of attacks on tankers in the Strait of Hormuz this week.

A U.S. official told CNBC Tuesday that Treasury’s Office of Foreign Assets Control is revoking the license that allowed the production, delivery, and sale of Iranian oil through August 21.

The Trump administration waived U.S. sanctions on Iranian oil under the interim deal to reopen Hormuz. But Iran has launched a series of attacks on tankers transiting the strait, despite promising safe passage to commercial ships under the deal.
(snip)

The United Kingdom Maritime Trade Operations Centre has received three separate reports of tankers coming under attack in or near Hormuz this week. The UKTMO is a maritime security advisory service.
(snip)

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