US Treasury Secretary Steve Mnuchin was out on the wires in the last hour, saying that there are no blanket waivers and there is no grandfathering on Iran sanctions.
Additional quotes:
“¢ US will consider exemptions in certain cases if countries cannot reduce Iran oil purchases to zero to meet sanctions deadline.
“¢ Will discuss Iran sanctions with counterparts at G20 finance ministers’ meeting this week in Buenos Aires.
“¢ Allies have asked us ‘how we get there and timeline’ for re-imposing Iran sanctions.