The Trump administration has revoked a waiver that allowed Iranian oil sales, a key source of revenue for the regime, after Iran attacked three tankers in the Strait of Hormuz.
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Richard Escobedo
Richard Escobedo covers economic policy at CBS News and is a coordinating producer at Face the Nation with Margaret Brennan. He joined CBS in 2018 and is a graduate of Texas Christian University in Fort Worth, Texas.
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Updated on: July 7, 2026 / 7:04 PM EDT
The United States has revoked a sanctions waiver that authorized the sale of Iranian oil because of its repeated attacks on…
The United States revoked a temporary sanctions waiver for Iranian oil Tuesday after three tankers were struck in the Strait of…
The United States had issued the two-month waiver as part of its preliminary deal with Iran.
The US Treasury revoked Iran's oil sales waiver after Strait of Hormuz tanker attacks. Oil surged 3% as Iran's Bitcoin toll…
WASHINGTON: The US Treasury Department on Tuesday revoked a license that temporarily lifted oil sanctions on Iran, calling…
There have been renewed Iranian attacks against ships in the Strait of Hormuz over the past 24 hours.
US revokes Iran oil waiver after Hormuz attacks
