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US Sanctions Two Mumbai Firms and Five Indian Nationals Over Alleged Iran Oil Trade

The US sanctioned two Mumbai-based companies and five Indian nationals, alleging they facilitated Iranian petroleum imports and helped generate revenue for Tehran.

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John Lewis

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US Sanctions Two Mumbai Firms and Five Indian Nationals Over Alleged Iran Oil Trade

The United States announced sanctions on two Mumbai-based companies, SSPL Solutions Private Limited and Samudra Marine Services Private Limited, and five Indian nationals over alleged Iranian petroleum trade. US officials said the companies helped facilitate imports of Iranian petroleum products and channeled funds to Iran. The action is part of a broader sanctions campaign targeting networks accused of supporting Iranian oil sales. The US authorized a temporary wind-down period for certain transactions involving Samudra Marine Services through October 23. The companies and individuals named were not reported to have publicly responded

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