US Treasury Sanctions Over 50 Entities Including Indian Nationals for Iranian Oil Trade Violations

Oct 10, 2025 09:56 am CST

The US Treasury Department has imposed sanctions on more than 50 individuals, entities, and vessels involved in Iranian oil and LPG trading, including three Indian nationals. These sanctions target networks enabling billions in Iranian petroleum exports that fund terrorist activities. Treasury Secretary Scott Bessent stated the measures aim to dismantle Iran's energy export operations under the Trump Administration.