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The Economic Times

Top News / The Economic Times

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US resumes strikes on Iran after reinstating oil sanctions over shipping attacks

The United States launched new strikes against Iran following projectile attacks on three tankers. Washington also revoked a license permitting Iran to sell oil on international markets. These actions put pressure on a fragile ceasefire agreement between the two nations. Iran condemned the license revocation as a breach of the framework agreement. Meanwhile, large crowds mourned the slain Supreme Leader Ayatollah Ali Khamenei in Qom.

8 Jul 2026 6:16 am