The White House on Wednesday said global crude-oil supplies were sufficient to allow other nations to cut imports from Iran, though efforts to further curtail such sales were on hold while nuclear talks continue. “The United States has committed to pause efforts to further reduce Iran’s crude-oil sales for a six-month period,” spokesman Jay Carney said. “In return for this and other limited relief measures, Iran has committed to take steps that halt—and in key respects roll back—progress on its nuclear program.” The Obama administration has sought to squeeze Iran financially by limiting its access to financial markets and hard currency. The White House statement came in a statement required by Congress regarding the global supply of petroleum products from countries other than Iran. The statement was referring to existing agreements on Iran nuclear talks. “There currently appears to be sufficient supply of non-Iranian oil to permit foreign countries […]