07-May-2024
Corporate News
 
US sanctions over dozen firms, 3 from India, for trade and ties with Iran
26-Apr-2024

The United States slapped on Thursday sanctions on over a dozen companies, individuals and vessels, including three from India, for facilitating illicit trade and UAV transfers on behalf of the Iranian military. The US Department of Treasury said these companies, individuals and vessels have played a central role in facilitating and financing the clandestine sale of Iranian unmanned aerial vehicles (UAVs) to Russia's war in Ukraine.

News Source:- https://www.business-standard.com/external-affairs-defence-security/news/us-sanctions-over-dozen-firms-3-from-india-for-trade-ties-with-iran-124042501394_1.html