Financial Times | Trump: There's Enough Oil To Offset Iran Loss OilPrice.com President Donald Trump has determined there was enough crude oil and oil products supply globally to offset any loss of supply from Iran after U.S. sanctions enter into force next week. In a memorandum, Trump said “there is a sufficient supply of ... Why oil prices are plunging despite US sanctions on Iran's energy sector Oil tumbles after fears of tighter supply recede Trump will reportedly allow India and South Korea to keep buying sanctioned Iranian oil |