When the US reimposed sanctions on Iranian crude in November, it also issued waivers to Iran's top oil buyers, allowing them to continue their imports, while agreeing to some cuts.
The waivers, known as "significant reduction exemptions" and issued to India, China, Italy, Greece, Japan, South Korea, Taiwan and Turkey, are set to expire in early May. Trump administration officials have not said if these waivers will be extended, modified or dropped completely.
On the sidelines of CERAWeek by IHS Markit, Elizabeth Rosenberg, director of the energy program at the Center for a New American Security and a former senior sanctions adviser at the Treasury Department, spoke with S&P Global Platts about the path forward on Iran sanctions waivers.
Read the full conversation in S&P Global Platts.