US revokes waiver for Iranian oil sales amid renewed Gulf strikes

2 weeks ago

The US Treasury Department has announced it will no longer allow Iranian oil sales to be conducted in US dollars on global markets after several tankers were hit by projectiles while attempting to cross the Strait of Hormuz. The move has left more than 60 million barrels of Iranian crude stranded at sea without any clear buyers. Also in this edition, we go inside a Chinese air conditioning factory racing to meet soaring European demand as heatwaves drive up sales.
Click here to Read More
Previous Article
Egypt coach condemns silence on killing of Palestinian children
Next Article
Live: Trump says 'very upset with NATO' over Iran war, Greenland

Related World Updates:

Are you sure? You want to delete this comment..! Remove Cancel

Comments (0)

    Leave a comment