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US sanctions Indian couple and nine firms over alleged Iran oil trade fraud

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The United States has imposed sanctions on an Indian couple and nine companies, accusing them of involvement in fraudulent trade in Iranian oil. The measures target entities allegedly used to move Iranian crude in violation of American restrictions. Authorities framed the action as part of broader efforts to choke off Tehran's oil revenue. The sanctions generally freeze any assets held under US jurisdiction and bar American individuals and firms from dealings with the named parties.

Read the full story at Times of India

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