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Indian couple hit by US sanctions for aiding Iran oil sanction evasion

The US Treasury has sanctioned a Chandigarh-based couple and an Indian network for allegedly helping Iran circumvent oil export restrictions.

The U.S. Treasury Building in Washington, D.C.
The U.S. Treasury Building in Washington, D.C. · Public domain · Wikimedia Commons

The United States Treasury Department has imposed sanctions on a couple from the Indian city of Chandigarh and a broader Indian network, according to reports today (Wednesday) by WION and BigGo Finance. According to the reports, the individuals were at the center of activities designed to help Iran circumvent international restrictions on oil exports. Further details regarding the nature of the operations or other individuals involved in the network have not yet been released.

Sources: WION, BigGo Finance

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