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AFBytes briefing
The move tightens energy supply constraints that can raise global oil prices and directly increase fuel and heating costs for American households and businesses.
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The U.S. Treasury Department revoked a general license that had permitted sales of Iranian oil. The decision follows reported attacks on tankers in the Strait of Hormuz and rising regional tensions.
The United States revoked authorization for sales of Iranian oil after reported attacks on three tankers in the Strait of Hormuz attributed to Iran.
