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Home > Business News > Oil jumps after settlement as US revokes general license for Iran oil sales

Oil jumps after settlement as US revokes general license for Iran oil sales

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Published: July 8, 2026 01:44:07 IST

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By Nicole Jao NEW YORK, July 7 (Reuters) – Oil prices settled 3% higher on Tuesday and then extended gains post-settlement, after the U.S. revoked the general license that authorized the sale of

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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