U.S. Secretary of State Mike Pompeo said on Monday the United States is not extending any waivers exempting importers of Iranian oil from U.S. sanctions and there will be no grace period for those economies to comply.

“We’re going to zero. We’re going to zero across the board,” Pompeo told reporters after the White House announced the end to waivers in order to put more pressure on Iran.

“There are no (oil) waivers that extend beyond that period, full stop,” Reuters quoted Pompeo as saying.

The move is the latest in which the administration of U.S. President Donald Trump has staked out a hardline position on Iran.

MH/PA