US revokes sanctions relief on Iranian oil after tanker attacks in Strait of Hormuz

Iran Herald · July 7, 2026 Sanctions

Washington DC [US], July 8 (ANI): The United States has revoked a general licence that authorised the sale of Iranian oil, saying Tehran's actions in the Strait of Hormuz were 'wholly unacceptable' and would have consequences following recent attacks on commercial tankers, The Times of Israel reported.