sanctions exemption
India Secures 6-Month US Sanctions Exemption for Strategic Chabahar Port in Iran
Oct 30, 2025 07:34 pm CST
India has received a six-month exemption from US sanctions for Chabahar Port in Iran, retroactive from October 29. The strategic port, where India has committed $370 million in investments, serves as a crucial Indian Ocean gateway and facilitates humanitarian aid to Afghanistan. This development comes amid ongoing India-US trade negotiations and highlights India's balanced approach to international relations while ensuring its energy security needs.
