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US sanctions two Mumbai firms, five Indian nationals over Iran oil trade

1 update, 9 October 2026.

  1. 9 October 2026:

    US sanctions two Mumbai firms, five Indian nationals over Iran oil trade

    The United States, on 8 October 2026, imposed sanctions on two Mumbai based firms, SSPL Solutions Private Limited and Samudra Marine Services Private Limited, and five associated Indian nationals, over their alleged role in facilitating the import of petroleum products from Iran. The action, part of the US State Department's Operation Economic Outcast, also sanctioned ten other entities, six individuals and five vessels linked to Iranian origin petroleum trade. The US Treasury separately sanctioned 17 entities and their shadow fleet vessels.