US cancels waiver allowing Iran oil sales as Gulf vessels attacked

US cancels waiver allowing Iran oil sales as Gulf vessels attacked Submitted by MEE staff on Tue, 07/07/2026 - 21:38 Qatar and Saudi Arabia said their vessels were attacked by Iran as they transited the Strait of Hormuz The 'Al-Yarmouk' oil tanker sails in the Arabian Gulf waters, off the coast of Kuwait City on June 27, 2026 (Yasser al-Zayyat/AFP) Off The Trump administration on Tuesday revoked a licence that temporarily lifted oil sanctions on Iran after several vessels came under attack in the Gulf, removing the