Washington- Eight Indian nationals and several India-based firms are among the over 50 entities and persons sanctioned by the US for allegedly facilitating Iranian energy trade, according to an official statement.

The State Department imposed sanctions on approximately 40 entities, individuals and vessels to“deny the Iranian regime funds it uses to conduct its malign activity,” the department said in a press release on Thursday.

While the Department of the Treasury's Office of Foreign Assets Control (OFAC) concurrently imposed sanctions on over 50 entities, persons and vessels involved in exporting Iranian petroleum and liquefied petroleum gas (LPG) to global markets.

The lists released by the two departments included eight Indian nationals, who were added to Washington's list of“Specially Designated Nationals (SDN) and Blocked Persons”. Those on the list are barred from doing business with Americans and face restrictions on entry to the US.

Those sanctioned include Niti Unmesh Bhatt, whose India-based Indisol Marketing Private Limited was also sanctioned.

The petrochemical trading company imported approximately USD 74 million worth of Iranian-origin petrochemical products from a US-designated firm between January and December 2024.

Also on the list was Piyush Maganlal Javiya, whose Chemovick Private Limited petrochemical trading company was also sanctioned. It imported more than USD 7 million worth of Iranian-origin petrochemical products from a US-designated firm between 2024 and 2025.

Kamla Kanayalal Kasat, Kunal Kanayalal Kasat and Poonam Kunal Kasat were also on the list. Their company, Haresh Petrochem Private Limited imported approximately USD 10 million worth of Iranian-origin petrochemical products from multiple companies between January 2024 and February 2025. All three, as well as their company, were sanctioned.

The list also included Varun Pula, who is the owner of Marshall Islands-based Bertha Shipping Inc., which owns and operates the Comoros-flagged vessel PAMIR. The vessel has transported nearly four million barrels of Iranian LPG to China since July 2024. The company was also on the list.

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