Reuters | Oil strong 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 ... Eight Geopolitical Risks That Could Send Oil Prices Surging Oil Climbs as Iran Confronts Trump's Critique of Nuclear Accord ... Oil under pressure as market weighs US supply growth against geopolitics |