Iran Says US Oil-Sanction Move Breaches War MOU

Iran's foreign ministry said early Wednesday Israel time that Washington's revocation of temporary oil-sales relief violates the Islamabad memorandum that paused the U.S.-Iran war. The claim came hours after the U.S. Treasury revoked General License X, ending new Iranian oil transactions immediately and allowing only wind-down activity through July 17. U.S. officials said the move followed attacks on three commercial vessels near Hormuz and that the MOU is performance-based. Iranian officials rejected the accusation that Tehran breached the framework and warned they would protect Iran's interests, while the dispute remains tied to the Hormuz shipping and security crisis.