U.S. Secretary of State Mike Pompeo stated that the US has been in discussions with other countries to help them wind down Iranian oil imports, ONA reports citing State Department's website.
"Before our sanctions went in effect, Iran generated as much as $50 billion annually in oil revenue," Pompeo said. "Overall today, we estimate that our sanctions have denied regime well worth of $10 billion."
Pompeo has also said that US will give no grace period after the end to Iran oil waivers on May 1.
"The current waivers expire on midnight May 1. There are SRE waivers that extend beyond that period, full stop," Pompeo told reporters.
He also noted that Washington will keep imposing sanctions against Iran until it agrees to negotiate.
"We're going to zero. We're going to zero across the board," Pompeo told reporters. "There are no waivers that extend beyond that period, full stop."