US sanctions India-based couple, companies over alleged support for Iran's Shadow oil fleet
The United States imposed sanctions on Suniel Kumar Sharma and Jaspreet Preeti Shahid for aiding Iran's shadow fleet. Their network allegedly provided fraudulent maritime registrations to help sanctioned vessels transport Iranian petroleum. Several companies linked to the couple also received sanctions under Executive Order 13902. Additionally, a Turkiye-based company was sanctioned for providing…
The US Treasury Department recently imposed additional sanctions on Indian and Turkish entities involved in Iran's oil trade, as part of the Trump administration's Operation Economic Outcast. The sanctions target an India-based network alleged to provide fraudulent maritime flags and certifications to vessels transporting Iranian petroleum.
The network is reportedly headed by India-based Suniel Kumar Sharma and his wife, Jaspreet Preeti Shahid. The Treasury also designated a Turkish company for allegedly supporting Iran's aviation sector. This latest action targets Iran's oil revenue generation and its financing of the ongoing conflict with the US and Israel.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Fake ship flags, Iran oil trade: US sanctions Indian entities in expanding crackdown on Tehran livemint.com
- US hands out sanctions over accusations of supplying Iran with air defence systems middleeasteye.net
- Iran's political, religious leaders shift stance to support nuclear weapons as war looms - report jpost.com
- US sanctions India-based couple, companies economictimes.indiatimes.com
