US Hits Indian, Turkish Firms and Individuals With New Sanctions for Helping Iranian Regime
A couple allegedly providing Iranian oil vessels with false flags and an airline service company were blacklisted by the Treasury.
TL;DR
- The U.S. Treasury has issued new sanctions against entities and individuals linked to the Iranian government.
- An India-based network is accused of selling false flags and certifications to vessels involved in transporting Iranian petroleum.
- These actions are part of an effort to cut off all aid to Iran.
- The sanctions impose blocks on all property and interests in property of designated individuals and companies.
- Violations of these sanctions can result in civil or criminal penalties.
- Suniel Kumar Sharma and Jaspreet Preeti Shahid allegedly supported Iran's shadow fleet through maritime fraud.