US Sanctions Eight Indians and Ten Firms Over Iran Oil Trade

The US has sanctioned eight Indian individuals and ten companies for their connection to trading Iranian oil. The actions, carried out by the US State Department and Treasury, targeted multiple entities worldwide. Several Indian firms have been accused of importing oil from Iran in violation of the US sanctions. The sanctions come as part of the US government’s efforts to enforce restrictions on Iran’s oil industry. This move reflects the US administration’s commitment to penalize entities that engage in trade with Iran, despite the sanctions imposed by the US.