Florida, March 23 -- US President Donald Trump on Monday justified his administration's decision to temporarily ease sanctions on Iranian oil, stating that the move will introduce as much oil in the system as possible.

Speaking to reporters here, Trump emphasised that the move is intended to stabilise global oil supply rather than benefit Iran financially amid the ongoing conflict in West Asia.

He added that allowing the oil to enter the market ensures that global energy demands are met, while any revenue Iran might earn is unlikely to impact the conflict.

"I just want to have as much oil in the system as possible... You have ships that are out there that are loaded up with oil. Rather than keep it there, I would rather see it go to th...