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Bloomberg

US Blocks Oil Sales in New Test of Ceasefire

Wednesday, July 8, 2026


The US conducted strikes targeting more than 80 sites in Iran and revoked a waiver that had permitted new sales of Iranian oil. The actions followed attacks on ships in the Strait of Hormuz. Bloomberg reported the moves occurred amid ongoing ceasefire negotiations.

Original reporting: https://www.bloomberg.com/news/videos/2026-07-08/us-blocks-oil-sales-in-new-test-of-ceasefire-video

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