Comments from Brian Hook
- With oil prices lower, US is on the fast track to zeroing out all purchases of Iran crude
- Total of 23 countries that used to import Iran crude are 'now at zero'
- Three additional countries have stopped imports
- Will decide 'in due course' on whether or not to extend waivers to Iran oil importers
- There are better oil market conditions in 2019 for US to accelerate 'path to zero' on Iran oil imports
The US hasn't squeezed anywhere near has hard as it indicated last year but officials continue to press and that will make the oil market tighter.