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Oil prices jump 5 percent after U.S. revokes Iran oil sanctions waiver
International Brent crude oil jumped nearly 5.5% to more than $75 per barrel as of Tuesday evening.
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NYT > U.S. > Politics
U.S. Revokes Iran Oil Sanctions Waiver After Attack on Tankers
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A 60-day exemption allowing the sale of Iranian oil was cut short after three tankers were attacked in the Strait of Hormuz.
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The Hill
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Oil prices jump 5 percent after U.S. revokes Iran oil sanctions waiver
Oil prices on Tuesday jumped more than 5 percent after the U.S. revoked its waiver on Iranian oil sanctions following strikes on three commercial vessels near the Strait of Hormuz. International Brent crude oil jumped nearly 5.5 percent to more than $75 per barrel as of Tuesday evening. A U.S. official previously told The Hill that the memorandum…
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Axios
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U.S. revokes Iran oil waivers after attacks in Strait of Hormuz
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. Why it matters: The revocation of the waivers that was issued less than three weeks ago is in response to the renewed Iranian attacks against ships in…
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New York Post
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US revoking Iran’s license to sell oil after ‘wholly unacceptable’ attacks in Strait of Hormuz
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.
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CBS News
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U.S. rescinds waiver permitting Iranian oil sales after Iranian attacks on tankers
The Trump administration has revoked a waiver that allowed Iranian oil sales, a key source of revenue for the regime, after Iran attacked three tankers in the Strait of Hormuz.
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