Involved in Iranian oil sales: Trump sanctions Indian firms, persons
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New York/Washington: The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are “a direct threat” to the US, PTI reported.
The Departments of State and Treasury sanctioned shipping networks responsible for funding the Iranian regime's “malign activities” through illicit oil sales, as well as an airline and its affiliates that arm and supply Iran-backed terrorist groups.
Among those added to the Treasury Department's Office of Foreign Assets Control Specially Designated Nationals List are Indian nationals Zair Husain Iqbal Husain Sayed, Zulfikar Hussain Rizvi Sayed, Maharashtra-based RN Ship Management Private Limited and Pune-based TR6 Petro India LLP.
The State Department is designating 17 entities, individuals, and vessels in several countries, including, but not limited to India, Panama, and the Seychelles, involved in Iran's petroleum and petroleum products sales, the administration said.
Concurrently, the Department of the Treasury is designating 41 entities, individuals, vessels, and aircraft, intensifying its efforts against Iran's petroleum and petrochemical exports and disrupting financial streams and commercial operatives that support Iran's malign activities.
The funds generated by this oil trade are used to support Iran's regional terrorist proxies and procure weapons systems that pose a direct threat to US forces and American allies, the State Department said Thursday.
The administration said TR6 Petro is an India-based petroleum products trader, which, between October 2024 and June 2025, imported over USD 8 million worth of Iranian-origin bitumen from multiple companies.
It is being designated for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran, the State Department said.
