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US sanctions 4 Indian companies involved in Iranian crude oil trade
February 26, 2025
|The New Indian Express Tirupati
THE US has sanctioned more than 30 companies, vessels, and individuals worldwide, including four Indian companies for their alleged involvement in the trade and transportation of Iranian crude oil and petroleum products.
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) described this action as part of a pressure campaign aimed at reducing Iran's oil exports to zero. As per the OFAC, the sanctioned vessels are responsible for shipping tens of millions of barrels of crude oil, valued at hundreds of millions of dollars. "Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilising activities," said Secretary of the Treasury Scott Bessent.
هذه القصة من طبعة February 26, 2025 من The New Indian Express Tirupati.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Tirupati
The New Indian Express Tirupati
I'll quit politics if I fail: Dy CM Pawan
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1 min
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A HIMALAYAN LEAP BEYOND 3 Ts
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3 mins
October 10, 2025
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SC directs legal help to the 3.66 lakh SIR exclusions
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1 min
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With $105 bn, Ambani remains No. 1 in Forbes rich list, Gautam Adani at No. 2
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1 min
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The New Indian Express Tirupati
NTA may allot exam centres based on Aadhaar to curb malpractices
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1 mins
October 10, 2025
The New Indian Express Tirupati
Get ready for DSC 2026: Notification in January, exam in March, says Lokesh
AS per the assurance given to conduct District Selection Committee (DSC) every year for the recruitment of teachers, the State government will make arrangements to conduct the Teacher Eligibility Test (TET) in November 2025 and will issue a notification for the DSC in January 2026.
1 min
October 10, 2025
The New Indian Express Tirupati
LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
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1 mins
October 10, 2025
The New Indian Express Tirupati
RCPL relaunches Velvette brand in Chennai
RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.
1 min
October 10, 2025
The New Indian Express Tirupati
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
October 10, 2025
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Pushed out by tigers, leopards stray into human dwellings in U’khand
A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.
1 mins
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