US Sanctions Target Four India-Based Companies Involved in Iran Trade
The United States sanctioned four India‑based firms and three Indian nationals for importing Iranian petroleum and petrochemical products. The actions target Portease Partners LLP and its partners, plus Sadashiva Overseas Limited, PP Softtech Private Limited, and Prakrutees Infra Impex Private Limited. US law bars related parties from handling assets, while the operation aims to curb Iran’s trade links and enforcement.
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