US Revokes Iran's Oil License After Strait of Hormuz Attacks
July 7, 2026·about 2 hours ago·via Fox News Politics

The Trump administration is revoking Iran's license to sell oil following a series of "wholly unacceptable" attacks on commercial shipping in the Strait of Hormuz. Iranian forces struck three vessels in 24 hours, with audio recordings capturing Iranian Navy threats warning ships they were "in danger." This aggressive escalation comes just days after the US granted Tehran a brief pause during Khamenei's funeral - a gesture Iran repaid with violence. Read more about this...