https://freerepublic.com/tag/oilsalesauth/ en-us Tue, 7 Jul 2026 20:21:38 GMT Focus Forum 15 https://freerepublic.com/focus/f-news/4387078/posts The U.S. Treasury Department on Tuesday revoked its authorization of Iranian oil sales after a series of attacks on tankers in the Strait of Hormuz this week. “Iran will only reap benefits if they exhibit good behavior,” a U.S. official told CNBC. “Iran’s actions in the Strait were wholly unacceptable to the United States and will be met with consequences.” The threat to ships in Hormuz increased to “severe” on Tuesday after attacks on a liquefied natural gas tanker, an oil supertanker and an specified third tanker, according to the Joint Maritime Information Center. Hostile action by Iran is likely... CNBC https://freerepublic.com/focus/f-news/4387078/posts#comment Tue, 7 Jul 2026 20:21:38 GMT