The US will revoke ageneral license that had allowed the sale of Iranian oil, reuters reported onTuesday, citing a US Official.
Earlier, the US Treasury Department said it would allow awind-down period until July 17 for transactions involving Iranian oil that hadbeen authorized under the now-revoked license. The official said US negotiatorscontinue to work in good faith to reach a final agreement with Iran despite thelatest escalation.
Statement | Qatar Strongly Condemns Targeting of Saudi Oil Tanker 'Wedyan'Doha | July 7, 2026The State of Qatar strongly condemns the targeting of the Saudi tanker 'Wedyan' as it transited the Strait of Hormuz, calling the incident a grave violation of international maritime… pic.twitter.com/Apc4AaICwT
— Ministry of Foreign Affairs - Qatar (@MofaQatar_EN) July 7, 2026#Statement | The Foreign Ministry expresses the Kingdom of Saudi Arabia’s condemnation in the strongest terms of the Islamic Republic of Iran’s targeting the Saudi tanker “Wedyan” as it transited the Strait of Hormuz and targeting the Qatari tanker “Al-Rekayyat.” The Kingdom… pic.twitter.com/ufGGvbKUp8
— Foreign Ministry ?? (@KSAmofaEN) July 7, 2026Iran's Foreign Ministry, accused Washington of attempting tojustify “violations” of the memorandum of understanding through various pretexts,noting that Tehran “acted in good faith and devoted all our capabilities tofulfilling our commitments under the MoU since it was signed."
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