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Oil prices rise as the U.S. cancels Iran’s license to sell oil

Newseze Wire·Tue, Jul 7, 8:09 PMWire: MarketWatch Top
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Oil prices rise as the U.S. cancels Iran’s license to sell oil

Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil.

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Oil futures climbed late Tuesday after the Treasury Department canceled a license granted on June 21 to allow for the sale of Iranian oil. The story falls into Newseze's markets desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: MarketWatch Top.

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