US sanctions four Indian firms for trading Iranian oil and petrochemicals

The United States has imposed sanctions on four Indian companies for their involvement in trade linked to Iranian oil and petrochemicals. The move is part of Washington's broader effort to cut off Tehran's international revenue sources. Among the sanctioned entities, Sadashiva Overseas and PP Softtech were found to have imported substantial volumes of Iranian petroleum products. A third firm, Prakrutees Infra, was implicated in similar dealings spanning from May 2023 to February 2026. The sanctions reflect the US government's continued campaign against what it describes as Iran's illicit economic networks.