[US-Israel, Iran War Day #130] US Lawmaker Calls for End to Iran Talks after Khamenei Funeral Threats

In Brief…

• The US Treasury Department revoked a June 21 authorization for the production, delivery and sale of Iranian-origin crude oil, petrochemical products and petroleum products, allowing wind-down transactions until July 17 but barring new purchases or loading from Tuesday.
• Iran’s state broadcaster IRIB, citing anonymous sources, said an oil tanker attacked in the Strait of Hormuz was targeted after attempting to pass through the Omani route with support from the US Navy.
• The IRGC fired at least two missiles at commercial ships transiting the Strait of Hormuz, Axios reported Monday citing a US official.
• The third day of the week-long funeral of Iran’s slain Supreme Leader Ali Khamenei concluded on Monday with rhetoric of revenge echoed in streets of the capital Tehran.
• Wall Street ended higher on Monday as oil prices settled around levels last seen before the US-Israel war with Iran.

This is a developing story that HO1 will continue to monitor.
Check back for updates.

[UPDATE] US Treasury revokes Iran oil authorization