In a big development, the Trump administration has sanctioned entities and individuals from India, accusing them of “a direct threat” against the US. The companies involved in the sales of Iran’s petroleum and petroleum products. According to America, the funds received through this trade support Tehran’s regional terrorist proxies and procure weapons systems.

According to the US, sanctions were imposed on the shipping networks that help raise money for Iran through illegal oil sales. They had also sanctioned an airline and its partner companies that send weapons and supplies to terrorist groups supported by Iran.

Which companies are sanctioned by the US?

The US has added several Indians and Indian companies to its Specially Designated Nationals (SDN) list. The people added are Zair Hus

See Full Page