World · Singapore Bureau
US targets Indian, Turkish entities over Iran sanctions evasion
Washington has imposed fresh sanctions on companies and individuals in India and Turkey accused of facilitating trade with Iran. The US Treasury move underscores its determination to enforce restrictions on the Iranian regime.
LSN Singapore ·
The United States Treasury Department has announced new sanctions against entities and individuals based in India and Turkey for allegedly supporting Iran's economy, marking the latest effort to enforce restrictions on Tehran.
The action targets companies and people across the two countries who maintain commercial ties with Iran, according to officials in Washington. The move comes as the US continues to pursue a policy of maximum pressure against the Iranian regime through economic penalties.
US authorities warned they would pursue further sanctions against anyone facilitating business relationships with Iran. The sanctions are designed to disrupt financial flows and commercial networks that benefit the Iranian government and its affiliated entities.
The designations add to a growing list of international entities facing US penalties for Iran-related activities. India and Turkey have previously been subject to sanctions pressure over their trade relationships with Tehran, despite calls from some quarters for improved relations between the nations.
The timing of the announcement reflects ongoing US efforts to maintain pressure on Iran's economy, even as diplomatic tensions remain elevated in the region.