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US slaps sanctions on four Indian firms over Iranian oil trade

Summary by Carbon Copy
The United States sanctioned four Indian companies for allegedly shipping Iranian oil to buyers in Asia. The firms—Austenship Management Private Ltd (Noida), BSM Marine Ltd (Gurgaon), Cosmos Lines (Thanjavur), and Flux Maritime (Navi Mumbai)—have been accused of violating US and UN sanctions aimed at restricting Iran’s oil exports, the Indian Express reported. According to the US these companies played a critical role in transporting, selling, a…
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US slaps sanctions on four Indian firms over Iranian oil trade

The United States sanctioned four Indian companies for allegedly shipping Iranian oil to buyers in Asia. The firms—Austenship Management Private Ltd (Noida), BSM Marine Ltd (Gurgaon), Cosmos Lines (Thanjavur), and Flux Maritime (Navi Mumbai)—have been accused of violating US and UN sanctions aimed at restricting Iran’s oil exports, the Indian Express reported. According to the US these companies played a critical role in transporting, selling, a…

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Carbon Copy broke the news in on Friday, February 28, 2025.
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