State Dept designated 17 entities, individuals & vessels to curb revenue for Iran’s nuclear program & penalise shipping facilitators who hide and move Iranian oil, the statement said.
The sanctions include an asset freeze on Iranian oil magnate Hossein Shamkhani, and on four companies operating in the shipping, petrochemical and financial sectors, according to a government notice published online.
Mumbai-based Tibalaji Petrochem Pvt. Ltd. sanctioned for importing 'millions of dollars' worth' of petrochemical products from Iran and exporting them to China.
Iran has been subject to US sanctions since 2018, when the Trump administration unilaterally withdrew from a deal that restricted the Middle Eastern country’s nuclear activities.
The incoming Joe Biden administration will take time to lift Trump’s sanctions and return to the Iran nuclear deal, so India is adopting a cautious approach.
India, the second largest buyer of Iranian oil, halted imports from the country this month after a US deadline against continued crude trade kicked in.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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