India

US sanctions 4 Indian firms under ‘Economic Outcast’over Iran oil and petrochemical trade links

ARYAN SINGH25 Aug 2026, 10:43 amUpdated 2h ago1 min readIndiaIndia

India — ARYAN SINGH

US sanctions 4 Indian firms under ‘Economic Outcast’ over Iran oil and petrochemical trade links

The United States has imposed sanctions on four Indian companies involved in Iran's oil trade, aiming to disrupt Tehran's global revenue streams. Among those targeted, Sadashiva Overseas and PP Softtech have been linked to the import of significant quantities of Iranian petroleum products. Additionally, Prakrutees Infra participated in similar transactions from May 2023 to February 2026, highlighting the ongoing US efforts against Iran's illicit economic activities.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India →

Source: Times of India · ARYAN SINGH. Published 25 Aug 2026, 10:43 am.

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