Indian, UAE, Turkish firms, nationals face US sanctions on Iran oil trade
“The United States has imposed sanctions on 10 entities, six individuals and five vessels over trade in Iranian-origin petroleum, petroleum products and petrochemicals, the US State Department said on …”
The action targets companies and individuals linked to India, the United Arab Emirates, Türkiye, Iran and the United Kingdom. Five Indian nationals were among those sanctioned. Dhwani Nisarg Vora and Nisarg Samir Vora, directors of India-based SSPL Solutions, were targeted over the company’s imports of about $2 million worth of Iranian petrochemical products between February and July 2025,.
Three other Indian nationals — Ketan Manohar Kochikar, Bhupendrasingh Dhalsingh Sahu and Harishyam Hariharan Chundakatt il — are directors of Samudra Marine Services, an Indian customs broker that the US says facilitated imports of Iranian petrochemical products. The US also sanctioned Türkiye-based Noorzad Petrokimya and its director and chief executive, Said Ahmad Noorzad.
Washington said the company purchased about $3.8 million worth of Iranian-origin petrochemical products between January and July 2024. Treasury is starving the tyrannical regime in Tehran of the money it uses to wage war in the region, and we will continue exposing those who enable the regime’s oil sales.
"Stay connected with Aman-e-Pakistan for ongoing live reporting and verified investigative updates."
No enabler of Iranian sanctions evasion is safe from the full force of Treasury’s authorities.— Treasury Secretary Scott Bessent (@Sec. Scott. Bessent)October 8, 2026In the UAE, Arabian.
Pro Materials FZCO was sanctioned over the export of about $2 million worth of Iranian-origin petrochemical products between February and July 2025. The State Department also targeted UAE-based Horizon Ship Management FZE and Hessonite Ship Management LLC, alleging that the companies managed vessels that transported Iranian petroleum and petroleum products.
The measures are part of President Donald Trump’s “Operation Economic Outcast”, which Washington says is aimed at disrupting networks that help Iran sell oil and petrochemical products and generate revenue.
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