U.S. revokes Iran oil waivers after attacks in Strait of Hormuz
Axios · 7 Jul 2026

U.S. revokes Iran oil waivers after attacks in Strait of Hormuz

The Trump administration on Tuesday revoked the temporary waivers it issued as part of the memorandum of understanding (MOU) with Iran that allowed Tehran to sell oil, the Department of Treasury announced. Why it matters: The revocation of the waivers that was issued less than three weeks ago is in


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