FEATURED · BUSINESS US strikes Iran, revokes oil waiver after attacks on ships in Strait of Hormuz
July 7, 2026 1 min read
BUSINESS

US strikes Iran, revokes oil waiver after attacks on ships in Strait of Hormuz

Source: SCMP — China Business

PUBLISHED
July 7, 2026
CATEGORY
SC
SCMP — China Business
eChina Team
1

US Central Command said it launched strikes ‘to impose heavy costs’ for attacks on commercial shipping in the strategic waterway US Central Command said American forces had begun military operations against Iran in response to attacks on commercial shipping transiting one of the world’s most strategically important waterways. “US Central Command forces have begun launching a series of powerful strikes against Iran to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway,” US Central Command said in a statement. Reports quoting US officials said the strikes targeted air defence systems, coastal surveillance facilities and drone positions. Iranian media reported explosions near the port area of Sirik on the country’s southern coast. The military response came hours after Washington moved to restore sanctions on Iranian oil by revoking a temporary waiver granted under an interim agreement reached following the end of hostilities last month. US officials said the attacks on shipping were incompatible with the understandings reached under that arrangement and warranted consequences.

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