The US said on Monday it would eliminate from May 2 all waivers granted last November to eight countries, including India, that allowed them to continue to buy crude oil from Iran without running the risk of facing American sanctions.
The 180-day waiver granted to India, China, Italy, Greece, Japan, South Korea, Taiwan and Turkey will not be renewed, US secretary of state Mike Pompeo announced at a White House news briefing.
“Today, I am announcing that we will no longer grant any exemptions,” Pompeo said at the briefing. “We are going to zero. We’re going to zero across the board.”
