Reuters | Oil steady as US decision on Iran sanctions looms Reuters Trump has said that unless European allies rectify the “terrible flaws” in the international accord by May 12, he will refuse to extend U.S. sanctions relief for the oil-producing Islamic Republic. “Prices reflect a premium for Iran uncertainties ... Oil Set for Weekly Gain as Iran Gibes US Before Trump Decision Oil steadies, as concern about Iranian sanctions balances rising US output Oil steady in early trade |