US Cuts Off Iran's Oil Lifeline As War Accelerates

The Iran deal just collapsed — and the US Treasury revoking its oil waiver is only the surface of it. The deeper problem is that the memorandum never actually resolved anything: not the missile attacks on tankers in the Strait of Hormuz, not Israel's concerns, not the core issues driving the war. If a deal can't hold together this quickly, the question is whether any stable resolution is even possible.CHAPTERS00:00 Iran Deal Collapses00:16 Tanker Attacks Escalate00:52 Hormuz Three Routes01:35 Iran's Yuan Oil Workaround02:44 China Cuts Oil Imports03:37 Peak Oil Arrives Early04:02 OPEC Floods Supply04:37 Oil Prices Spike Today04:58 Deal Was Never Stable  IF YOU LIKED THIS, WATCH:→ Iran War Costs $300 Billion MORE Plus Energy & Weapons Stockpiles: https://youtu.be/ik2Uy9kFcz4→ UAE Exits OPEC Gas Prices Get Worse Before They Get Better: https://youtu.be/SAJUfTa30sA→ Massive Economic Damage From Iran War Already Locked In?: https://youtu.be/ubugH-A1XBY→ Iran Can't Win Militarily So It's Breaking the Economy Instead: https://youtu.be/nNnwhN9TleU SOURCES & FURTHER READING US Sanctions and the Iran Oil Waiver• US Treasury OFAC Revokes Iranian Oil Sales Waiver: https://ofac.treasury.gov/recent-actions/20260707• Full Text: OFAC Iran Oil Waiver Revocation Order: https://ofac.treasury.gov/media/936446/download?inline China's Oil Demand and the Iran War• Chinese Oil Imports May Never Fully Recover From the Iran War: https://www.bloomberg.com/news/articles/2026-06-22/chinese-oil-imports-may-never-fully-recover-from-the-iran-war• IEA June 2026 Oil Market Report: Global Demand Outlook: https://www.iea.org/reports/oil-market-report-june-2026• Only China Is Buying Iranian Oil as Other Nations Stay Away: https://www.bloomberg.com/news/articles/2026-06-30/bessent-says-only-china-is-buying-iranian-oil-others-are-wary China's Yuan System and Sanctions Evasion• How China Built a Yuan-Based Network to Bypass the Dollar: https://www.wsj.com/world/china/yuan-sanctions-dollar-alternative-73b23c2f• How China's Currency Strategy Is Reshaping Global Trade: https://www.foreignaffairs.com/china/real-problem-global-tradeFOLLOW GOOD REVENUE ON YOUTUBE! Or wherever you get your podcasts:YouTube: https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ Spotify: https://open.spotify.com/show/44me6PABSQ0k0GfphM70auApple Podcast: https://podcasts.apple.com/us/podcast/good-revenue/id1707461473 Web: https://goodrevenue.io/ Hosted on Acast. See acast.com/privacy for more information.