How does the surrendering nation get to issue licenses....
Posted: Tue Jul 07, 2026 8:32 pm
to the winning country? This is weird
Three tankers hit in the Strait of Hormuz as US revokes license authorizing sale of Iranian oil
DUBAI, United Arab Emirates (AP) — Three tankers were struck by projectiles Tuesday in the Strait of Hormuz, the British military said, and the United States revoked a license that had authorized the sale of Iranian oil as part an interim deal to end the fighting between the U.S. and Iran.
The new assaults in the fuel-shipping waterway were the most in a single day since late April, according to the U.N. International Maritime Organization. The fresh attacks threatened to choke off the flow of traffic in the strait just as countries hoped to restore normal shipping practices and ease the global economic strain of the war.
Hours later, the U.S. revoked the 60-day license issued last month by the Treasury that waived sanctions on Iranian oil.
A U.S. official said the license was revoked because Iran’s actions in the strait were unacceptable and needed to be met with consequences. The official spoke with The Associated Press on the condition of anonymity to share insight into the reasoning behind the move.
The Iranian mission to the United Nations did not immediately respond to a request for comment.
One tanker was traveling off the coast of Oman when it was hit and caught fire, the United Kingdom Maritime Trade Operations center said. Iranian state television said the liquefied natural gas tanker came under attack after ignoring warnings but did not directly claim the assault.