Intelligence Feed event · Geopolitical · 2026-07-11

    Washington revokes sanctions waiver on Iranian crude amid renewed Gulf attacks

    Question

    Washington revokes sanctions waiver on Iranian crude amid renewed Gulf attacks

    Direct answer

    The removal of the waiver supported Brent (LCOc1) and Dubai/Oman benchmarks via higher expected risk premia on medium sour crude, while widening spreads in Iranian sovereign and quasi-sovereign USD bonds and further pressuring the Iranian rial (IRR) in offshore markets.

    Original publisher
    Market Ontology
    Evidence through
    2026-07-11
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Washington revokes sanctions waiver on Iranian crude amid renewed Gulf attacks”, revision 1, evidence through 2026-07-11. https://marketontology.com/market-events/2026-07-11/washington-revokes-sanctions-waiver-on-iranian-crude-amid-renewed-gulf-attacks-a720f4

    GEOPOLITICAL
    Washington revokes sanctions waiver on Iranian crude amid renewed Gulf attacks
    The removal of the waiver supported Brent (LCOc1) and Dubai/Oman benchmarks via higher expected risk premia on medium sour crude, while widening spreads in Iranian sovereign and quasi-sovereign USD bonds and further pressuring the Iranian rial (IRR) in offshore markets.
    LCOC1OQDIRRIRANUSDEMB
    Impact
    90
    JUL 11
    SIG
    LCOC1OQDIRR
    Washington revokes sanctions waiver on Iranian crude amid renewed Gulf attacks
    The removal of the waiver supported Brent (LCOc1) and Dubai/Oman benchmarks via higher expected risk premia on medium sour crude, while widening spreads in Iranian sovereign and quasi-sovereign USD bonds and further pressuring the Iranian rial (IRR) in offshore markets.
    Impact
    The removal of the waiver supported Brent (LCOc1) and Dubai/Oman benchmarks via higher expected risk premia on medium sour crude, while widening spreads in Iranian sovereign and quasi-sovereign USD bonds and further pressuring the Iranian rial (IRR) in offshore markets.
    Affected
    LCOC1OQDIRRIRANUSDEMB
    Source facts

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    What happened next

    AssetCallBase close+1 day+5 days+20 days
    EMBUpdisagreed95.99 2026-07-10-0.64%-0.48%-0.78%

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

    Sources

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