Reuters reported a U.S. official said Iran’s actions in the Strait of Hormuz are completely unacceptable and the U.S. will respond; U.S. negotiators remain engaged and pursuing a final agreement in good faith. The U.S. Treasury posted a notice revoki

2026-07-08

Reuters reported a U.S. official said Iran’s actions in the Strait of Hormuz are completely unacceptable and the U.S. will respond; U.S. negotiators remain engaged and pursuing a final agreement in good faith. The U.S. Treasury posted a notice revoking a general license related to Iran, saying it will phase out the license issued June 21, 2026 that authorized production, delivery and sale of Iranian crude, petrochemical and petroleum products.