According to the Office of Foreign Assets Control (OFAC) of the US Department of Treasury, the Indian company Tibalji Petrochem Pvt Ltd has been sanctioned for an oil deal with Iran.
The United States imposed sanctions on an Indian corporation for buying Iranian oil and petrochemicals a day after External Affairs Minister S. Jaishankar's visit.
The US has sanctioned a number of companies, including several from the United Arab Emirates and Hong Kong, including the Indian petrochemical...
