Singapore — The United States believes the world oil market is well supplied to ensure supply stability, and Washington is working with both producers and importers to ensure smooth energy transition following its decision not to extend waivers on Iranian oil, US government officials said Thursday. “As we look ahead at the impact on the oil and energy markets, we have been very careful and deliberate on how we go about this to ensure market stability. And over the last couple of days I think we have seen that borne out, that energy markets will remain stable,” US Special Representative for Iran and Senior Policy Advisor to the Secretary of State Brian Hook said in a telephonic press briefing, which he and Bureau of Energy Resources Assistant Secretary Francis Fannon jointly hosted. “We have been working very […]