US revoking license that authorised Iranian oil sales, official says

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The United States is revoking a general license that authorised the sale of Iranian oil, Reuters reports citing a US official, warning that Iran’s actions in the Strait of Hormuz were “wholly unacceptable” and would be met with consequences after attacks on tankers in the strategic waterway.

A US official says negotiators continue to work in good faith toward a final agreement with Iran despite the latest escalation.

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