New York Post
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US Revokes Iran’s Oil License After Attacks in Strait of Hormuz
Posted
July 7, 2026
Views
8,867
Likes
193
Comments
139
Engagement
3.74%
July 7, 2026
8,867
193
139
3.74%
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1:31Now PlayingThe 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. “The Office of Foreign Assets Control is revoking GL X, which authorized the sale of Iranian oil,” a US official told The Post. “As President Trump and the administration have repeatedly affirmed, the MOU in effect with Iran is entirely performance-based.” It came as a response to the Iranian Revolutionary Guard Corps targeting three commercial ships of Gulf allies attempting to transit the Strait of Hormuz.
#iran #straitofhormuz #oillicense
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