Categories: Business

US revokes Iran oil waiver amid attacks on British tankers in Strait of Hormuz

The United States revoked an Iran oil sanctions waiver after recent tanker attacks. Three tankers were struck by projectiles in the Strait of Hormuz. One vessel caught fire off the coast of Oman following the incident. The Iranian foreign ministry condemned the US move as a breach of commitment. These events threaten to disrupt vital shipping through the strategic waterway.

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3 months ago

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