The US State Department sanctioned two Mumbai-based companies and five Indian nationals on October 8.
The companies are SSPL Solutions Private Limited and Samudra Marine Services Private Limited.
The US alleges that they facilitated imports of Iranian petroleum products.
Samudra Marine Services has until October 23 to wind down transactions.
The reports did not carry a response from the companies.
The US Department of State imposed sanctions on Thursday, October 8, 2026, on two Mumbai-based companies and five Indian nationals.
The companies are SSPL Solutions Private Limited and Samudra Marine Services Private Limited.
The State Department says that the companies facilitated imports of petroleum products from Iran, according to PTI.
These are allegations made by the US government, and the reports did not include a response from the companies or the individuals.
The five Indian nationals are linked to the two companies and are blocked from transactions related to their respective firms.
This report does not name the individuals, because the reports describe allegations only.
The State Department’s overall action covered 10 entities, six individuals and five vessels tied to Iranian-origin petroleum, petroleum products and petrochemical products.
The department says that the entities channelled millions of dollars to Iran.
The US Treasury Department separately sanctioned 17 entities and their shadow fleet vessels.
Samudra Marine Services has been authorised to carry out wind-down transactions until October 23, 2026.
The action is part of Operation Economic Outcast, a US campaign to cut off Iran’s oil revenue.
A shadow fleet generally means vessels used to move sanctioned oil outside normal shipping oversight.
The Tribune’s report, based on PTI, did not carry a statement from the Indian government or the Ministry of External Affairs.
Coverage noted that the sanctions could affect India’s energy interests, despite recent limited resumptions of Iranian oil purchases, according to The Daily Jagran.
Oil products tanker (representative image), Wikimedia Commons, CC BY-SA 4.0
