US slaps sanctions on Indian, Turkish firms and people for aiding Iran

πŸ‡ΊπŸ‡Έ Al-Monitor Middle East (US) —
US slaps sanctions on Indian, Turkish firms and people for aiding Iran

AI Summary

The United States imposed sanctions on companies and individuals based in India and Turkey for supporting Iran, warning that it will continue targeting those aiding the Iranian government. The measures are part of a campaign intended to restrict Iran’s oil sales and revenue amid its conflict with the US and Israel.

By Andrea Shalal WASHINGTON, Nov 4 (Reuters) - The US Treasury issued fresh sanctions on Wednesday against companies and individuals based in India and Turkey for their support of Iran, warning that it would continue to go after anyone who supported the Iranian government. The sanctions are part of the Trump administration's "Operation Economic Outcast," which aims to cut off Iran's ability to sell oil to fund the war with the US and Israel.

World Conflict Politics Markets Commodities Energy US sanctions Iran India Turkey oil sales economic pressure sanctions enforcement

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