6 months ago
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ARTICLE AD BOX
US agencies person imposed sanctions against 8 Indian nationals and 10 companies for links with Iranian lipid trade. As portion of the latest circular of planetary sanctions, the US authorities department's actions were against 40 individuals, entities and vessels, portion the US treasury acted against 60 entities.
On the US treasury's bureau of overseas assets power database are Niti Unmesh Bhat, Kamala K Kasat, Kunal Kasat and Poonam Kasat (all based successful Mumbai), Tamil Nadu-born Iyappan Raja, Varun Pula from Tirupati isolated from Piyush Maganlal Jiviya and Soniya Shrestha. Among the 10 entities named were Pula's Bertha Shipping, which is accused of utilizing its Comoros-owned vas to transport astir 4 cardinal barrels of Iranian LPG to China. India-based steadfast shipped Iranian-origin LPG to Pak: US Similarly, Raja’s Marshall Islands-based Evie Lines, which owns a Panama-flagged vessel, shipped 1 cardinal barrels of LPG to China. Shrestha, who owns India-based Vega Star Ship, utilized Comoros-flagged NEPTA to determination Iranian root LPG to Pakistan.In a statement, the US authorities section said betwixt Jan 2024 and Jan 2025, India-based petrochemicals institution CJ Shah & Co imported Iranian-origin petrochemical products worthy $44 cardinal from aggregate companies.
Javiya-owned Chemovick is besides accused of importing Iranian-origin petrochem of $7 million.BK Sales Corp allegedly imported petrochemical products worthy $235 million, portion Mody Chem is said to person imported $49 worthy of Iranian Petrochem betwixt Jan 2024 and Feb 2025.Similarly, Paarichem Resources imported $2 cardinal worthy of Iranian-origin petrochemical products from aggregate companies, including US-designated Shivnani Organics FZE, betwixt May and Nov 2024, which included products specified arsenic toluene, US authorities section said.Niti Bhatt-owned Indisol dealt successful shipments of $74 cardinal betwixt Jan-Dec 2024, portion Haresh Petrochem, owned by Kasats, was recovered to person imported Iranian-origin goods of $10 cardinal implicit 13 months, starting Jan ’24.
