First reported by bsky
U.S. revokes Iran oil sales authorization after tanker attacks in Strait of Hormuz
U.S. revokes Iranian oil sanctions waiver after tanker attacks in Strait of Hormuz
By
Spencer Kimball, Megan Cassella
4h ago· 2 min readenNews
Summary
The U.S. Treasury Department revoked its authorization of Iranian oil sales following attacks on three tankers in the Strait of Hormuz. A U.S. official stated that Iran's actions were unacceptable and would face consequences. This comes after Washington and Tehran had previously reached an interim deal to reopen the Strait, with sanctions waived through August 21.
Source
bskyU.S. revokes Iranian oil sanctions waiver after tanker attacks in Strait of Hormuzcnbc.comKey quotes
· 2 pulledIran will only reap benefits if they exhibit good behavior.
Iran's actions in the Strait were wholly unacceptable to the United States and will be met with consequences.
Treasury had waived sanctions on Iranian oil through August 21 after Washington and Tehran inked an interim deal to reopen Hormuz last month.
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