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US sanctions Indian cos over maritime fraud aiding Iran
WASHINGTON: The United States on Wednesday issued sanctions targeting what it described as a “vast criminal network” run by two Indian nationals that was aiding Iran’s shadow fleet of oil tankers in committing maritime fraud. In a statement, the US Treasury said the network aided Iranian vessels in sailing under false flags and in gaining fake maritime certifications. The move was the latest in a tightening web of US sanctions targeting Iran since August, when Washington announced that it would be seeking the “economic asphyxiation” of the country in conjunction with its military campaign. The...
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