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flag U.S. sanctions over 50 entities, including Indian and Chinese actors, for enabling Iranian oil and LPG exports via shadow fleet vessels.

flag The U.S. Treasury’s OFAC imposed sanctions on over 50 individuals, entities, and vessels, including Indian nationals and Chinese companies, for facilitating Iranian oil and LPG exports. flag The network, involving shadow fleet tankers and facilities in China, enabled billions in energy sales, supporting Iran’s regime and its regional proxies. flag Sanctioned parties include Indian nationals Varun Pula, Soniya Shrestha, and Iyappan Raja, linked to shipping firms managing vessels transporting Iranian LPG to China and Pakistan. flag The move freezes U.S.-based assets and blocks transactions, aiming to disrupt Iran’s revenue streams and pressure behavioral change. flag Designated entities may seek removal through legal processes.

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