Obama says enough world oil to crack down on Iran sales

US President Barack Obama said on Friday he has determined there is enough oil in the world market to allow countries to cut imports from Iran, allowing Washington to begin sanctioning countries that continue to buy Iranian oil.

Obama statement: Global markets can weather Iran sanctions
Obama statement: Global markets can weather Iran sanctions
Published 30 March 2012, 18:53Updated 6 October 2016, 10:48
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