The United States has imposed sanctions on 10 entities, six individuals, and five vessels over trade in Iranian-origin petroleum, petroleum products, and petrochemicals, the US State Department said on Thursday. The action targets companies and individuals linked to India, the United Arab Emirates, Türkiye, Iran, and the United Kingdom.
Five Indian nationals were among those sanctioned. Dhwani Nisarg Vora and Nisarg Samir Vora, directors of India-based SSPL Solutions, were targeted over the company's imports of about $2 million worth of Iranian petrochemical products between February and July 2025, according to the State Department.
Three other Indian nationals - Ketan Manohar Kochikar, Bhupendrasingh Dhalsingh Sahu, and Harishyam Hariharan Chundakattil - are directors of Samudra Marine Services, an Indian customs broker that the US says facilitated imports of Iranian petrochemical products. The US also sanctioned Türkiye-based Noorzad Petrokimya and its director and chief executive, Said Ahmad Noorzad.
Washington said the company purchased about $3.8 million worth of Iranian-origin petrochemical products between January and July 2024. In the UAE, ArabianPro Materials FZCO was sanctioned over the export of about $2 million worth of Iranian-origin petrochemical products between February and July 2025.
The State Department also targeted UAE-based Horizon Ship Management FZE and Hessonite Ship Management LLC, alleging that the companies managed vessels that transported Iranian petroleum and petroleum products. The measures are part of President Donald Trump's "Operation Economic Outcast," which Washington says is aimed at disrupting networks that help Iran sell oil and petrochemical products and generate revenue.
These sanctions represent a significant escalation in the ongoing economic pressure campaign against Tehran. By targeting specific logistics and brokerage firms, the US aims to create a chilling effect on international entities considering trade with Iranian energy sectors.
The US State Department emphasized that these entities were identified through extensive intelligence gathering and financial tracking. Officials stated that the administration remains committed to enforcing existing sanctions regimes strictly.
As of now, the affected companies have not issued formal responses regarding the freezing of their assets or the potential impact on their global operations. International markets are closely monitoring the situation to see if further entities will be added to the list.