1 hr ago
US Sanctions Mumbai Firms and Indians Over Iran Oil Trade
The United States announced sanctions against two companies based in Mumbai and five Indian nationals.
The companies are SSPL Solutions Private Limited and Samudra Marine Services Private Limited.
US officials say the firms helped bring petroleum products from Iran into trade.
The sanctions were announced on Thursday.
The article does not explain what specific restrictions were imposed.
It also does not include a response from the companies or the individuals.
The allegations are about their alleged role in the trade, not a reported court finding.
The United States imposed sanctions on two Mumbai-based firms and five Indian nationals.
The US Department of State announced the sanctions on Thursday.
The firms named were SSPL Solutions Private Limited and Samudra Marine Services Private Limited.
US authorities accused the firms of facilitating imports of petroleum products from Iran.
The allegations concern trade involving Iranian petroleum products; the article provides no response from those targeted.
- Who
- The US Department of State targeted two Mumbai-based firms and five Indian nationals.
- What
- The United States imposed sanctions over alleged involvement in trade of petroleum products from Iran.
- Where
- The firms are based in Mumbai, India; the alleged petroleum trade involved Iran.
- When
- Thursday; no calendar date is specified.
- Why
- US authorities accused the firms of facilitating imports of petroleum products from Iran.
Key facts
- Announcing authority
- US Department of State
- Sanctioned firms
- SSPL Solutions Private Limited and Samudra Marine Services Private Limited
- Number of firms
- Two
- Indian nationals targeted
- Five
- Alleged activity
- Facilitating imports of petroleum products from Iran
- Announcement timing
- Thursday; the article does not specify a date
Sources
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