From Livemint
Center-Right Owned by HT Media Ltd.Fake ship flags, Iran oil trade: US sanctions Indian entities in expanding crackdown on Tehran
What's behind this
The US Treasury has sanctioned a Chandigarh‑based couple, Suniel Kumar Sharma and his wife Jaspreet, along with a network of companies they operate, accusing them of aiding Iran’s shadow fleet by supplying false flags and certifications to move petroleum. Fresh sanctions were also placed on Indian and Turkish entities for alleged Iran‑related transactions. India’s Ministry of External Affairs said it has taken note of the measures but indicated that little can be done against firms supporting such shadow fleets.
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The US has sanctioned India-based individuals and companies accused of using fake vessel registrations to help transport Iranian oil, widening Washington's crackdown on Tehran's oil trade. A Turkish firm was also targeted over support for Iran's airlines.
— Livemint
RSS excerpt
The US has sanctioned India-based individuals and companies accused of using fake vessel registrations to help transport Iranian oil, widening Washington's crackdown on Tehran's oil trade. A Turkish firm was also targeted over support for Iran's airlines.
