Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
US sanctions 4 Indian companies involved in Iranian crude oil trade
The New Indian Express Tirupati
|February 26, 2025
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.
This story is from the February 26, 2025 edition of The New Indian Express Tirupati.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Tirupati
The New Indian Express Tirupati
IN MISSION MODE FOR CRITICAL TECH
For decades, India's brightest young minds often dreamed of working on technologies that seemed out of reach-chips, rockets, quantum computers. Those dreams are no longer distant
3 mins
October 01, 2025
The New Indian Express Tirupati
4.5L cases of crime against women in '23: NCRB
INDIA has recorded nearly 4.5 lakh incidents of crime against women in 2023, which is marginally up from the figures in the past two years.
1 mins
October 01, 2025
The New Indian Express Tirupati
MP univ tech students punished for ragging juniors plot 'Gen-Z' protests
After probe, panel recommends lodging of FIR
1 mins
October 01, 2025
The New Indian Express Tirupati
Top Naxal leaders key targets as ops intensify
'No safe places for extremists in Bastar'
1 mins
October 01, 2025
The New Indian Express Tirupati
Pilots to face tougher alcohol test rules
A massive step towards ensuring safer air travel for all has been taken by the aviation regulator, the Directorate General of Civil Aviation (DGCA).
1 mins
October 01, 2025
The New Indian Express Tirupati
Will rather quit than ally with BJP for statehood, says Omar
CHIEF Minister Omar Abdullah on Tuesday asserted that he would resign rather than aligning with BJP for the restoration of state status to Jammu and Kashmir Union Territory.
1 mins
October 01, 2025
The New Indian Express Tirupati
Student lynched in Gorakhpur after bike crash
AKASH Nishad, 19, an 11thgrade student from Pali Bankatwa village, was beaten to death by a mob on Monday night after his bike collided with another motorcycle in Sahjanwa tehsil in Gorakhpur.
1 min
October 01, 2025
The New Indian Express Tirupati
Nataraj, backstroke exponent, adds free to his competitive repertoire
SRIHARI Nataraj is riding the crest of a wave.
1 mins
October 01, 2025
The New Indian Express Tirupati
SHARE MAHANADI WATER WITH TIME-BOUND PLAN
THE dispute between Odisha and Chhattisgarh over the Mahanadi river water finally seems headed towards an amicable resolution, if the recent warmth between the two states is anything to go by.
1 mins
October 01, 2025
The New Indian Express Tirupati
1st assured transit time container train between Delhi & Kolkata from today
THE Railway Board is set to launch its first assured transit time (ATT) container train service on Wednesday between Delhi's Tughlakabad and Kolkata's Shalimar via Agra and Kanpur.
1 mins
October 01, 2025
Listen
Translate
Change font size