The U.S. sanctions four India-based companies for importing Iranian petroleum amid a campaign to cut Iran's financial lifelines.

US Treasury Secretary Scott Bessent laid out what he described as an "unprecedented" US sanctions campaign against Iran on Monday, warning that every country has a "finite…

The move mainly targets Iran’s oil trade and financial networks, including businesses and banks that help Iran avoid sanctions.

The US has announced fresh Iran sanctions and warned countries trading with Tehran of retaliation as Washington intensifies economic pressure on Iran.