July 7, 2026·Bearish·market event

US Treasury Revokes Iranian Oil License, Oil Surges

The US Treasury announced it will revoke the general license authorizing Iranian oil sales, causing oil prices to rise 2% in the last 10 minutes. Bitcoin and other risk-on assets are selling off as markets react.

Detected & updated continuously · Source: Ruma

Mentioned

Bitcoin (btc)

Sources

@Wealthmanager

🇺🇸 US Treasury to revoke general license that authorized sale of Iranian oil. $OIL is up 2% in the last 10 minutes, while $BTC and other risk-on assets are selling off. https://t.co/BP5pLRjtJA