Pompeo has begun his press conference
- We're going to zero across the board
- We have been in discussions with partners about alternative supply
- We have made our demands to Iran clear
- Saudi Arabia and UAE will ensure appropriate supply along with US
- We will not appease Iran
- Says US hasn't supported any outside group against Iran
- We intend to enforce the sanctions
- I'll leave it to others to detail what the Saudis and UAE will do on supply
- No waivers beyond May 1 'full stop'
It sounds like no details about extra Saudi supply are forthcoming. That's bullish.
