U.S. sanctions firms and individuals accused of helping Iran

The U.S. Treasury announced sanctions on Indian and Turkish targets it accused of helping Iran evade oil restrictions or supporting sanctioned Iranian airlines. It said the measures target an alleged ship-registration scheme and a Turkish ground-services company.

• The Treasury said the alleged network was run by Suniel Kumar Sharma and Jaspreet Preeti Shahid, based in Chandigarh, and that two other Indian nationals and nine linked entities were also sanctioned.· 1 source
• According to the Treasury, the couple claimed to represent maritime authorities in several countries and issued false flags and certifications for vessels carrying Iranian oil.· 1 source
• The Treasury also sanctioned Türkiye-based Fugo Ground Services, saying it served Iranian airlines that are under U.S. sanctions and still fly to Türkiye.· 1 source
• The measures freeze any U.S. assets held by those targeted and generally prohibit Americans from doing business with them.· 1 source
• The Treasury described the sanctions as part of the Trump administration’s effort to limit Iran’s oil revenue.· 2 sources