U.S. tariffs on oil imports haven’t been dismissed even after the latest OPEC+ supply deal, according to a senior U.S. government official. President Donald Trump previously wielded the threat of tariffs on shipments from Saudi Arabia and Russia if a deal wasn’t reached, and this option hasn’t been entirely removed from the equation, said Francis Fannon, the U.S. assistant secretary of state for energy resources. That signals the U.S. wants to ensure that the cuts are actually implemented. “It continues to be something that’s on the table,” Fannon said on a call on Wednesday. “It’s certainly something the president had weighed but he consistently said it was a lever he didn’t think he would need to pull.” A global oversupply of oil will take time to be unwound even after the recent decision by the world’s biggest producers to enact unprecedented production cuts, […]