US to announce ‘zero’ tolerance for Iran oil imports

Tehran (KNA) - The United States is to announce that all importers of Iranian oil will have to end their imports shortly or face US sanctions, a report says.

US Secretary of State Mike Pompeo -- the alleged architect of the so-called zero tolerance policy -- will make the announcement on Monday, The Washington Post reported Sunday, citing two State Department officials.

The administration of President Donald Trump left a multi-lateral nuclear agreement with Iran last May. Afterwards, Washington re-imposed the sanctions that had been lifted under the accord.

Last November, the US enforced sanctions targeting the Islamic Republic's banking and energy sector, however, it granted waivers from the bans to eight major importers of the Iranian oil, fearing market instability including China, India, Japan, South Korea, Taiwan, Turkey, Italy and Greece.

Source: PressTV

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