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US sanctions 4 India-based companies, 3 nationals over Iran oil trade

US sanctions 4 India-based companies, 3 nationals over Iran oil trade

The United States has imposed sanctions on four India-based companies and three Indian nationals over alleged trade involving Iranian oil and petrochemical products worth around $119 million. According to US authorities, Sadashiva Overseas Limited imported about $69 million worth of Iranian-origin petroleum products between February 2024 and June 2025. PP Softtech Private Limited and Prakrutees...