U.S. Strikes Iran and Reimposes Sanctions

The military operation came hours after the U.S. Treasury revoked a waiver allowing global sales of Iranian oil.

1. Frame 1U.S. strikes hit Iranian military sites after tanker attacks, while Treasury froze new oil-sales waivers tied to Hormuz shipping.
2. Frame 2A Strait map shows commercial ships and oil tankers crossing the corridor Iran was accused of attacking.
3. Frame 3CENTCOM said precision strikes hit air-defense, radar, missile, drone and port targets near the strait.
4. Frame 4Treasury replaced General License X with X1, ending new Iranian oil sales after Tuesday.
5. Frame 5Transactions already underway get until July 17; proceeds move into blocked, interest-bearing accounts.
6. Frame 6Brent reached $75 and WTI $71 as renewed Hormuz risk moved through oil markets.