U.S. tightens Iran oil sales sanctions after tanker attacks near Hormuz

The U.S. Treasury revoked Iran’s license to globally sell oil after a series of tanker attacks in the Strait of Hormuz, signaling consequences for Tehran’s actions as shipping in the critical waterway faces heightened risk. Iran has pressed for a northern transit route under its control, while the U.S. Navy maintains a southern corridor via Oman; an interim deal had promised safe passage but the attacks have jeopardized it. The United States later conducted airstrikes after Tehran hit a cargo ship, underscoring escalating tensions.