Nasdaq Slides Nearly 2% As Higher Treasury Yields, Soaring Oil Prices Pressure Tech And Chip Stocks — META, AMZN, SPCX, MSFT In Focus
The U.S. Treasury Department revoked a license allowing Iran to sell its oil worldwide following an attack on a Qatari natural gas shipment.
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Treasury revokes waiver for Iranian oil sales
The U.S. Treasury Department revoked a waiver that allowed the sale of Iranian oil in response to attacks on tankers in the Strait of Hormuz

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Tech shares drove gains in Asian and global markets Friday, even as oil prices slipped on strained flows through the Strait of Hormuz and re
Oil prices rise as the U.S. cancels Iran’s license to sell oil
Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.
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Oil prices were also mixed after U.S. strikes on Iranian forces, underscoring the risks still hanging over markets and consumers.
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The US Treasury's Office of Foreign Assets Control revoked General License X on July 7, cutting off the authorization that had allowed Irani

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