US revokes Iran oil sanctions waiver after Strait of Hormuz strikes

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…

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.

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.

Iran’s Strikes on Ships in Strait of Hormuz Threaten Oil Flow

The strikes by Iran and the attacks and re-imposition of sanctions by the U.S. came weeks after the countries agreed to try to find a lasting end to their hostilities.

US Reinstates Sanctions On Iran After Multiple Ships Reportedly Attacked In Strait Of Hormuz

'Iran’s actions in the Strait were wholly unacceptable'

US and Iran trade strikes around strait of Hormuz as ceasefire is violated again

Ceasefire appears close to unravelling after three commercial vessels are hit and two militaries target each otherMiddle East crisis live – latest updatesIran accused the US of violating the agreement aimed at ending the war between the two countries and Donald Trump said he thought the ceasefire was over, after the US military launched strikes around the…

U.S. launches strikes against Iran over attacks on 3 ships in Strait of Hormuz

The Islamic Revolutionary Guard Corps has over the past two days attacked three commercial vessels that were traveling through the Strait of Hormuz.

US launches strikes on Iran after tankers hit in Strait of Hormuz

The US Central Command says the strikes are intended to impose "heavy costs" on Iran.

Iran Reneges Again, Strikes 2 Ships in Strait of Hormuz — US Responds by Hitting Them Where It Hurts