US resumes strikes on Iran after reinstating oil sanctions over shipping attacks
- Posted on July 8, 2026
- By Business News Today
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- 1 min read
US resumes strikes on Iran after reinstating oil sanctions over shipping attacks
The United States launched new strikes against Iran following projectile attacks on three tankers. Washington also revoked a license permitting Iran to sell oil on international markets. These actions put pressure on a fragile ceasefire agreement between the two nations. Iran condemned the license revocation as a breach of the framework agreement. Meanwhile, large crowds mourned the slain Supreme Leader Ayatollah Ali Khamenei in Qom.
