The United States has sanctioned four India-based companies over their alleged involvement in Iran’s petroleum and petrochemical trade, as Washington expands its newly launched “Operation Economic Outcast” aimed at cutting Tehran’s financial and oil revenue networks.

Sanctions targeted Iranian individuals and companies that facilitated the trade of petroleum and petrochemical products with Iran or supported military action against US forces.

US Treasury announces Operation Economic Outcast sanctions targeting Iran's digital assets, shipping, and oil sectors. Iran warns compliance is

The TOI correspondent from Washington: Four India-based companies – and three Indian nationals associated with two of them – have been swept into the Trump administration’s new…