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Updated Jul 8, 2026 · 08:25
World News Updated Jul 8, 2026

Iran Warns of "Decisive Actions" After US Revokes Oil Sanctions Waivers

Iran has condemned the US revocation of oil sanctions waivers and recent military strikes, warning of "decisive actions" to protect national security. The US Treasury confirmed the revocation of a 60-day waiver that allowed Iranian oil sales, escalating diplomatic tensions. Three tankers were struck by projectiles in the Strait of Hormuz, with one catching fire off the coast of Oman. The attacks represent the highest number of incidents in a single day since late April, threatening maritime traffic in the strategic waterway.

Iran warns of "decisive actions" to safeguard national security after US moves

Tehran, July 8

In a major diplomatic and military escalation, Iran has strongly condemned the United States' recent military actions and its decision to cancel sanctions waivers on Iranian oil exports, warning of decisive countermeasures.

In a post on X, Iranian Deputy Foreign Minister Kazem Gharibabadi denounced the American moves, stating that these measures, along with the latest strikes on the country, represent a severe breach of bilateral understandings. He asserted that the recent US actions constitute "blatant violations" of Articles 1, 2, and 10 of the Islamabad MoU.

According to the Deputy Foreign Minister, Washington has consistently breached the accord "due to the actions of the Zionist regime in Lebanon and threatening statements against Iran." Warning of serious repercussions following the escalation, the Iranian diplomat added, "Iran, while issuing a serious warning regarding the consequences of America's breach of the agreement, will take decisive actions to safeguard its national interests and security."

Concurrently, the Iranian Foreign Ministry also condemned Washington's decision to rescind the licence, stating that the move violates the interim agreement and declaring that "the US government bears responsibility for the consequences of this breach of commitment."

This diplomatic fury follows an announcement by the US Treasury Department confirming that the United States has revoked a sanctions waiver that previously permitted the sale of Iranian oil. The licence, which was issued last month under an interim agreement aimed at halting hostilities between Washington and Tehran, had temporarily eased restrictions on Iranian oil exports for a period of 60 days.

The swift reimposition of sanctions occurred merely hours after the British military reported that three tankers were struck by projectiles in the Strait of Hormuz. The incidents mark the latest in a series of assaults on vessels navigating the strategic waterway, which remains central to diplomatic efforts aimed at securing a permanent end to the conflict between the US and Iran.

According to data from the United Nations' International Maritime Organization, the Tuesday strikes represent the highest number of attacks recorded in a single day since late April. The incidents have threatened to disrupt maritime traffic through the vital corridor, just as international stakeholders were seeking to restore normal shipping operations and alleviate the global economic strain induced by the conflict.

One of the tankers caught fire after being targeted off the coast of Oman, according to the United Kingdom Maritime Trade Operations (UKMTO). Iranian state television reported that the liquefied natural gas tanker was attacked after it ignored warnings, though the broadcaster stopped short of explicitly claiming responsibility for the strike.

The remaining two vessels sustained minor damage and were capable of continuing their respective voyages, with no injuries reported.

Tehran has consistently maintained that only its designated route through the Strait of Hormuz remains safe, and the nation has previously faced suspicion over attacks on vessels using an alternative route closer to the Omani coastline.

Location data published by the UKMTO indicated that all three of Tuesday's attacks took place off the coast of Oman or the neighbouring United Arab Emirates, indicating that the vessels were utilising that specific alternative route.

— ANI

Reader Comments

Sneha F

Why is the US so quick to revoke waivers? This is a punch to the global economy. Oil prices will shoot up, and our common man will suffer at the petrol pump. Brown sahibs in Washington don't care about the rest of the world.

Vikram M

Iran's warning is predictable but concerning. They're backed into a corner with sanctions. The tanker attack timeline is suspicious—conveniently right after the US move. Both sides need to step back from the brink before this spirals into a full-blown conflict.

Nisha Z

The "Islamabad MoU" sounds like a farce now. America breaks agreements whenever it suits them. Iran is no saint either, but this is a classic case of the big bully picking a fight. India should stay neutral and protect our own interests—we can't afford to pick sides.

Aditya G

Honestly, both America and Iran are playing with fire 🔥. Their proxy wars only cause suffering in the Middle East. India needs to use its good offices to mediate—we have good relations with both. Diplomacy, not drama, please.

Priya S

This is getting scary for us Indians abroad in the Gulf region. If the Strait closes, our diaspora and trade will be affected. I hope leaders in Delhi are talking to both sides quietly to de-escalate. War is never the answer. 🙏

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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