Interview: Trump's Iran decision sends powerful risk signal to oil market

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.