Donald Trump punishes 6 Indian companies for trading petroleum with Iran

US’ Tell Department has launched sanctions over a dozen world corporations for getting and selling in Iranian Petrochemical products, on Wednesday. This entails the names of six Indian companies. These Indian corporations are location to face sanctions below a 2018 Executive pronounce signed by President Donald Trump in his first length of time that blocks all of the property held by the sanctioned entities within the United States.

The poke comes as part of a broader effort by the Trump Administration in exclaim in confidence to cripple Iran’s vitality exports, which count for a extremely fundamental chunk of Tehran’s substitute earnings as successfully.

Which are these six companies?

These six Indian companies did a blended $221 million in substitute by importing and buying Iranian Petrochemical products within the years 2024 and 2025, in accordance with the records supplied by US Tell Department.

These six companies are:

• Kanchan Polymers
• Alchemical Alternatives
• Ramniklal, Jupiter Dye Chem
• Worldwide Industrial
• Persistent Petrochem Interior most Restricted

Two of the above companies did substitute with corporations within the United Arab Emirates (UAE), which has also been sanctioned. Alongside this, quite a lot of corporations based in Turkey, Indonesia, and China contain also been sanctioned.

Nowadays, Sai Saburi consulting, an Indian firm registered in New Delhi, used to be also sanctioned by the United States Treasury for facilitating Iran’s oil substitute, within the face of American sanctions.

Four more Indian corporations namely – Flux Maritime LLP, BSM Marine LLP, Austinship Management Pvt Ltd, and Cosmos Traces Inc – had been sanctioned by the US Treasury and the Tell Department, in February.

Why did the sanctions happen?

These measures are a part of a recent push from the Washington, in exclaim in confidence to limit Iran’s revenues from the sale of oil by focusing on West Asian nation’s “shadow immediate” of oil tankers. A slew of sanctions had been unveiled to focus on an oil smuggling community speed between Iraq and Iran by the Treasury Department. Transport corporations based in Singapore, the Seychelles and the Marshall Islands will also face the same movement for transporting millions of barrels of Iranian oil.

Iranian recordsdata businesses train that Hassan Abbaszadeh, the CEO of Iran’s Nationwide Petrochemical Company, launched that the export revenues of Iran’s petrochemical industry exceeded $13 billion in 2024-25. The campaign, devised by the Trump Administration, is an effort to pressure Iran into a deal, so it would stop its nuclear weapons program.

The Executive Uncover 13846, signed by President Trump in 2018, says that the US government has the vitality to sanction a one who “knowingly offers fundamental

financial, enviornment topic, technological, or other enhance to, or goods or services and products” to contributors fascinated about Iran’s vitality, shipping or shipbuilding sectors.

These sanctions had been unveiled after the 2015 Iran nuclear deal used to be pulled by Trump, below which Tehran agreed for some restrictions in its nuclear program, in substitute for reduction from sanctions and economic reduction.

What powers place these sanctions give to the authorities?

These sanctions by the US government enable the authorities to “block all property and pursuits in property which can perhaps be within the United States, that hereafter approach within the United States, or which can perhaps be or hereafter approach within the possession or regulate of any United States person of the sanctioned person, and offer that such property and pursuits in property won't be transferred, paid, exported, withdrawn, or in every other case dealt in”.