(Majid Saeedi/Getty Images) July 7, 2026 4:00 pm, EDT key takeaways: The Treasury Department revoked Iranian oil sales waivers effective July 7 following the tanker attacks in the Strait of Hormuz. Oil prices rose as the move threatened a 60-day peace accord, stoking supply fears and stoking market volatility. Negotiators are working toward a final
Renowned Iranian writer Shahranush Parsipour, whose subversive works of feminist fiction landed her repeatedly in jail, has died at the age of 80. A pioneer of women’s literature in Iran, Parsipour satirized the country’s patriarchal culture in novels including Women Without Men and Touba and the Meaning of Night. He was imprisoned four times under
The US Treasury Department issued a temporary, 60-day license, allowing Iran to sell some of its energy exports until August 21. I (Patrick Semansky/AP) June 22, 2026 1:57 pm, EDT key takeaways: The US issued a 60-day Treasury license, allowing Iran to sell oil until August 21, after President Donald Trump signed the June 17