The US imposed sanctions on eight Indian companies and five Indian nationals for trading Iranian oil and petrochemicals. The sanctions, announced Wednesday, target entities linked to a shipping empire allegedly controlled by Mohammad Hossein Shamkhani, son of a top Iranian advisor. The action is part of a broader US campaign against Iran, with the Iranian embassy in India condemning it as economic weaponization. Over 50 individuals and entities, including numerous vessels, were targeted in total.

Prepared by Rachel Morgan and reviewed by editorial team.