Crude Jumps As U.S. Revokes Iran Authorization to Sell Oil
Oil futures were sharply higher as the U.S. revoked Iran's license to sell oil in response to Iranian attacks on ships in the Strait of Hormuz.
U.S. Revokes Waiver Allowing Sale of Iranian Oil
Oil prices jumped after the U.S. Treasury's announcement, which followed attacks on commercial vessels near the Strait of Hormuz.
Rising Gulf Oil Output Sets Stage for Market Share Battle







