The United States is revoking a general license that had temporarily allowed the sale of Iranian oil
By Sammy Tisser,
The United States is revoking a general license that had temporarily allowed the sale of Iranian oil, with a U.S. official saying the decision follows Iran's recent actions in the Strait of Hormuz, which Washington described as "wholly unacceptable."
The move comes after three commercial tankers were struck by unidentified projectiles in and around the Strait of Hormuz over recent days. While no group has claimed responsibility and Iran has not commented, the U.S. warned there will be consequences for attacks on commercial shipping. Officials added that any sanctions relief remains entirely conditional on Iran's behavior, stressing that Tehran will only receive benefits if it upholds its commitments.
The reversal also places renewed pressure on ongoing negotiations between Washington and Tehran, which have been aimed at reaching a broader agreement covering Iran's nuclear program and sanctions relief. The now-revoked authorization had been issued on June 21, temporarily permitting Iranian crude oil, petroleum, and petrochemical sales through August 21 following the signing of a memorandum of understanding between the two sides.
Topics: Iran, Strait of Hormuz, Diplomacy
Reported by Sammy Tisser for Bernie News Network. See our editorial standards and corrections policy.