The United States Department of the Treasury on Monday announced a $275 million settlement with Gautam Adani’s Adani Enterprises over alleged violations of American sanctions on Iran, reported Reuters. According to the Treasury Department’s Office of Foreign Assets Control, also known as OFAC, Adani Enterprises purchased shipments of liquefied petroleum gas, or LPG, from a Dubai-based trader that claimed the supplies came from Oman and Iraq. US authorities alleged that the LPG shipments had actually originated from Iran. The Treasury Department said the settlement resolves Adani Enterprises’ potential civil liability tied to 32 apparent violations of US sanctions rules, reported Reuters.