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US imposes sanctions on Indian company for transporting Iranian oil

The Daily Guardian

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October 14, 2024

“This attack targeted Israel’s most populated city, Tel Aviv, and could have killed hundreds if not thousands of innocent people,” US National Security Advisor Jake Sullivan

US imposes sanctions on Indian company for transporting Iranian oil

An Indian shipping company, Gabbaro Ship Services, is one of several firms sanctioned by the U.S. for allegedly transporting Iranian oil to buyers in Asia, shortly after the US imposed restrictions on Iran’s energy trade in response to its October 1 attack on Israel.

The State Department claims that Gabbaro Ship Services acted as the technical manager for the crude oil tanker Hornet and knowingly participated in a significant transaction involving the transportation of petroleum from Iran, linking it to a ‘Ghost Fleet,’ PTI reported.

The recent U.S. sanctions targeting various companies globally are a response to Iran’s ballistic missile attack on Israel on October 1.

“This attack targeted Israel’s most populated city, Tel Aviv, and could have killed hundreds if not thousands of innocent people,” US National Security Advisor Jake Sullivan said.

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