The United States has intensified its military actions against Iran, launching a new round of air strikes and revoking a waiver that permitted Iran to sell oil globally. This escalation comes less than 20 days after a ceasefire agreement, amid reports of Iranian attacks on merchant vessels in the Strait of Hormuz. The U.S. Central Command described the strikes as "forceful" and aimed at imposing "severe costs" on Iran for its "unjustified" aggression. The U.S. Treasury Department announced the revocation of Iran's oil sales license, with wind-down transactions allowed until July 17. An anonymous U.S. official indicated that Iran recently fired on three merchant vessels, prompting the U.S. response. The latest strikes were reportedly four to five times larger in scale and intensity compared to those conducted 10 days prior, according to a U.S. official.