US President Donald Trump Friday officially renounced the Iran nuclear agreement, yet urged Congress to remain in the deal as he asked lawmakers to ultimately decide its fate.
Elizabeth Rosenberg, a sanctions expert, also spoke Friday with S&P Global Platts on the impact Trump's announcement may have on oil flows, global energy sector investment and Congress' most likely path forward.
Rosenberg is a senior fellow and director of the energy, economics and security program at the Center for a New American Security and a former senior advisor at the US Treasury Department.
The interview was edited for brevity and clarity.
PLATTS: What is the near-term impact, if any, that Trump's decision to disavow the Iran deal will have on the global oil market?
Read the full transcript here.