The United States has sanctioned at least six Indian companies for allegedly engaging in the trade of Iranian petroleum and petrochemical products, as part of a sweeping action against 20 global entities. The move is part of Washington’s ongoing effort to tighten economic pressure on Tehran. The ... US sanctions 8 Indian companies, 5 Indian nationals as part of latest action against Iran’s energy trade, shipping network US Sanctions on Indian Firms: The latest action is part of the Donald Trump administration’s “maximum pressure campaign” on Iran, which has now seen multiple rounds of sanctions against individuals and firms over the past few months. The US has sanctioned 19 Indian firms and two nationals for allegedly supplying Russia with dual-use goods critical to its defense industry, to curb support for Russia’s military efforts. The ... The Trump administration has imposed sanctions on six Indian companies for conducting what it termed as "significant" transactions involving Iranian-origin petrochemical products.
