Business

U.S. sanctions firms, Indians involved in Iran’s oil trade

echovera
22November

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran’s petroleum and petroleum products, saying the funds from this trade support Tehran’s regional terrorist proxies and procure weapons systems that are “a direct threat” to the U.S.


The Departments of State and Treasury sanctioned shipping networks responsible for funding the Iranian regime’s “malign activities” through illicit oil sales, as well as an airline and its affiliates that arm and supply Iran-backed terrorist groups.

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