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A picture taken on March 12, 2017, shows an Iranian tanker docking at the platform of the oil facility in the Khark Island, on the shore of the Gulf.

Breaking | Last Updated: July 7, 2026, 3:43 pm

US revokes Iran oil waiver after Hormuz attacks

The United States had issued the two-month waiver as part of its preliminary deal with Iran.

Turkish President Recep Tayyip Erdogan (L) welcomes US President Donald Trump (R) upon his arrival on Air Force One at Etimesgut Air Base near Ankara, on July 7, 2026, before attending the 36th NATO Heads of State and Government Summit. (Photo by SAUL LOEB / AFP via Getty Images)

Analysis

Trump's F-35 push for Turkey runs into CAATSA — and Israel

Israel fears that Washington may be shifting its strategic options toward Turkey as the two rivals push for regional hegemony.

In Tel Aviv, reporting on national security, Israeli politics, defense

Trump Erdogan

Trump says US will lift CAATSA sanctions on Turkey, consider F-35 sale

The US president has announced that sanctions on Turkey over its purchase of Russian missile batteries will be lifted.

sampt-t

Analysis

As it hosts NATO, Turkey eyes France's SAMP/T system, F-35 progress with Trump

Turkey is set to host NATO leaders as doubts over US commitment linger prompting Ankara to seeks its own defense deals with Paris and Washington.

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Latest News

Analysis

In Libya, maritime dispute could complicate Turkey’s backing of US unity push

Turkish President Recep Tayyip Erdogan delivers a speech after a signing ceremony with Libyan Government of National Unity prime minister at the Presidential Complex in Ankara, on April 12, 2021.

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Analysis

As US-Iran talks falter, Israel views war outcome as 'total strategic failure’

Motorists drive past a billboard bearing a picture of Iran's slain supreme leader Ali Khamenei, ahead of his funeral in Tehran on July 3, 2026. Iranian leaders began paying their respects on July 3 before the coffin of the country's late supreme leader Ali Khamenei, killed in the US-Israeli strikes that triggered the Middle East war, as Tehran prepared for a vast funeral. Khamenei's body arrived at Tehran's Grand Mosalla on July 3 ahead of ceremonies which are expected to draw millions. (Photo by AFP via Ge

In Tel Aviv, reporting on national security, Israeli politics, defense

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Jared Szuba

Defense and Security Correspondent

In Washington, DC, reporting on defense, national security, military

Joyce Karam

Editor-in-Chief

Rosaleen Carroll

News Reporter and Supporting Editor

In Washington, DC, US, reporting on the Middle East

Paul J. Saunders

In Washington, DC, reporting on Russia in the Middle East

Iran's top nuclear negotiator Abbas Araqchi and EEAS Secretary General Helga Schmid attend a meeting of the JCPOA Joint Commission in Vienna, Austria July 28, 2019. REUTERS/Kirsti Knolle - RC13C68A4E90

Iran says it's waiting for ‘tangible’ results of talks with Europe

Iranian officials have warned that, unless Europe can facilitate trade, they will continue to reduce their commitments under the nuclear deal.

U.S. President Donald Trump shakes hands during a bilateral meeting with Turkey's President Tayyip Erdogan during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque - RC1A03B4EBE0

Turkey finesses Trump for continued support against sanctions

Turkey's government is preparing to offer new incentives to the US administration to secure its lasting support against economic sanctions.

Will Pompeo be the first US secretary of state to appear live on Iranian TV?

Following the US secretary of state offering Iran’s state TV to interview him, various analysts and officials reacted to the proposal with an outspoken prime minister urging state TV to go ahead and challenge Pompeo live on air.

Iranian teachers take part in a rally asking for better pay in front of a Education Ministry building in Tehran May 2, 2007. REUTERS/Raheb Homavandi (IRAN) - GM1DVEBAWXAA

Iran’s teachers learn regrettable lesson from US

US sanctions on Iran could actually discourage the kind of democratic thinking the free world should want to foster.

Rep. Gerald Connolly, D-VA, speaks to the media after a closed House Democratic Caucus meeting in Washington, U.S., May 22, 2019. REUTERS/Mary F. Calvert - RC124B32C580

Democrats clash over resolution calling for two-state solution

Democratic leaders and members are bickering over a resolution meant to reaffirm Washington’s longstanding commitment to a two-state solution for the Israeli-Palestinian conflict.

Why US companies seek role in Egyptian oil sector

The Egyptian oil and natural gas market is witnessing a significant expansion of US companies and although some observers are concerned about this expansion, most agree that this reflects the stability and neutrality of the Egyptian market and is in its favor in the near and long terms.

A British Royal Navy patrol vessel guards the Iranian oil tanker Grace 1 as it sits anchored anchored after it was seized earlier this month by British Royal Marines off the coast of the British Mediterranean territory on suspicion of violating sanctions against Syria, in the Strait of Gibraltar, southern Spain July 20, 2019. REUTERS/Jon Nazca - RC1FBC24FCC0

UK, Iran treading troubled waters after seizing tankers

The British navy is now escorting vessels through the Strait of Hormuz for safety reasons, as it remains to be seen if Iran and the United Kingdom can settle their maritime dispute.

Placards can be seen outside the embassy as people protest against the killing of journalist Jamal Khashoggi in Turkey outside the Saudi Arabian Embassy in London, Britain, October 26 2018. REUTERS/Simon Dawson - RC1CC0BA7F80

Congress struggles to sanction Saudis for Khashoggi murder

Faced with opposition from the White House and Senate Republican leadership, Congress is struggling to pass Saudi sanctions legislation.

Iranian President Hassan Rouhani delivers a speech at the Conference on Interaction and Confidence-Building Measures in Asia (CICA) in Dushanbe, Tajikistan June 15, 2019. REUTERS/Mukhtar Kholdorbekov - RC18D8234850

Rouhani says Iran ready for 'respectful' negotiations

Iran’s President Hassan Rouhani said that the country will not "surrender" but is ready to hold talks with the United States on reviving the nuclear deal.

U.S. President Donald Trump shakes hands during a bilateral meeting with Turkey's President Tayyip Erdogan during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque - RC1DDD25D480

Republicans push tepid Trump to sanction Turkey

After huddling with President Donald Trump at the White House on Tuesday, Republican senators tell Al-Monitor that the president isn’t keen on sanctioning Turkey.

Mark Esper talks to reporters as he arrives for the first day on job as New U.S. Secretary of Defense at the Pentagon in Arlington, Virginia, U.S. July 24, 2019. REUTERS/Yuri Gripas - RC188D6C2000

Intel: Pentagon chief says European-led Gulf initiative complements US

On his first day on the job at the Pentagon, US Secretary of Defense Mark Esper said that a fresh European-led initiative to defend ships transiting the Gulf was complementary to the Donald Trump administration’s separate efforts to gather allies to protect shipping in the region.

TEHRAN, IRAN - JULY 22: (----EDITORIAL USE ONLY MANDATORY CREDIT - "IRANIAN PRESIDENCY / HANDOUT" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) Iraqi Prime Minister Adil Abdul-Mahdi (L) meets with Iranian President Hassan Rouhani (R) as part of his visit in Tehran, Iran on July 22, 2019. (Photo by Iranian Presidency / Handout/Anadolu Agency via Getty Images)

Iraq seeks Iranian assistance to curb militias' reign

Iraq's prime minister made a surprise visit to Tehran to request Iranian help in controlling Iran-backed militias in Iraq.