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US sanctions 3 Indian nationals, firm in Iran oil trade crackdown
In recent months, the US has imposed sanctions against several Indian nationals and firms for Iran-related designations.
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Lalit K Jha (5WH) - Thu, 09, Oct 2025
- 23:51 EDT
- 15
A model of a pump jack is seen in front of the displayed word "Sanctions", U.S. flag colours in this illustration taken March 8, 2022. / REUTERS/Dado Ruvic/Illustration
The United States has tightened its sanctions grip on Iran’s oil and gas network, targeting more than 50 individuals, entities, and vessels—including three Indian nationals and an India-based shipping company—accused of helping Tehran evade restrictions and sustain its energy exports.
The Treasury Department’s Office of Foreign Assets Control (OFAC) said the new sanctions aim to “dismantle key elements of Iran’s energy export machine,” disrupting billions of dollars in revenue that Washington says funds terrorist groups hostile to the US.
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