Three tankers hit in the Strait of Hormuz as US revokes license authorizing sale of Iranian oil
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Finance
July 7, 2026
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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.
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