Why It's Trending
Oil prices jumped 5% after attacks on tankers in the Strait of Hormuz prompted the Trump administration to revoke a sanctions waiver on sales of Iranian oil.
GLOBAL — Oil prices jumped 5% after attacks on tankers in the Strait of Hormuz prompted the Trump administration to revoke a sanctions waiver on sales of Iranian oil.
Image source: NBC News
Source
NBC News
Category
business
Published
7 July 2026 at 17:37
Source Attribution
This report draws on reporting from NBC News. DOCFLiX Desk has verified and adapted this report with additional context for our readers.
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