NDTV·1 min read·medium
US Revokes Iran Oil Waiver After Tanker Attacks In Strait Of Hormuz
✦AI Summary
The US Treasury Department has revoked a license that previously permitted Iran to produce and export crude oil. This decision follows recent tanker attacks in the Strait of Hormuz, signaling a tightening of sanctions.
The US Treasury Department canceled a license announced in June that had allowed Iran to produce, sell and deliver crude oil and related products through August 21.
politicseconomyworld
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