US removes Iran oil sanctions waiver: what's at stake for global markets?
Edited By WION Video Desk
Published: Jul 08, 2026, 11:57 IST | Updated: Jul 08, 2026, 11:57 IST
Washington has pulled the plug on its Iran oil waiver, and the timing tells its own story. Just over two weeks after treasury issued "General license x," permitting Tehran to sell crude in dollars for the first time in four decades, the US Has reversed course.
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