The president decided to reinstate the ban on Iranian oil sales after the regime attacked ships in Hormuz
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The government of President Donald Trump revoked the license that authorized the temporary sale of Iranian oil on Tuesday, after the Islamic regime launched missiles at three ships passing through the Strait of Hormuz, thereby violating the terms of the ceasefire negotiated a few weeks ago.
The U.S. Treasury had approved last month a 60-day license that allowed the Iranian regime to sell oil to international buyers. This term was part of the "memorandum of understanding" signed by the two conflicting countries, with the mediation of Pakistan and Qatar.
A U.S. official confirmed to the New York Postthe return of sanctions and described Iran's recent aggression as "totally unacceptable". Furthermore, it is expected that in the coming hours Trump will order bombings on Iranian soil against regime targets in response to this escalation in Hormuz.
Trump controls Ormuz
Iran seeks to regain control of the Strait of Hormuz
"The Office of Foreign Assets Control (OFAC) is going to revoke General License X, which authorized the sale of Iranian oil", the official stated. "As President Trump and the administration have repeatedly asserted, the current memorandum of understanding with Iran is entirely based on compliance with conditions".
"Iran will only reap benefits if it demonstrates good behavior. Iran's actions in the strait were totally unacceptable to the United States and will have consequences", the source added.
The reason the regime decided to attack ships again is that it has lost control of the strait, thanks to the military action plan implemented by Trump. Data shows that traffic within this key waterway for global transport has quadrupled in recent days, and most ships are using the safe route designed by Washington, close to the coasts of Oman.
Iran launched missiles at commercial ships passing through the waterway