Eight Indian nationals and several India-based firms are among the over 50 entities and persons sanctioned by the US for allegedly facilitating Iranian energy trade, according to an official statement.

The State Department imposed sanctions on approximately 40 entities, individuals and vessels to “deny the Iranian regime funds it uses to conduct its malign activity,” the department said in a press release Thursday.

While the Department of the Treasury’s Office of Foreign Assets Control (OFAC) concurrently imposed sanctions on over 50 entities, persons and vessels involved in exporting Iranian petroleum and liquefied petroleum gas (LPG) to global markets.

The lists released by the two departments included eight Indian nationals, who were added to Washington’s list of “Specially Designate

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