The U.S. Treasury Department issues new sanctions related to Iran, continued escalation, and companies in India and Turkey have been hit with U.S. economic sanctions as part of President Donald Trump's "Operation Economic Outcast" for allegedly helping Iran, just a day after the Democrats won the midterm elections. "We know where you are, and we will impose sanctions on those who continue to support the Iranian regime, whether on land, sea or air," said Treasury Secretary Scott Besant. Sunial Kumar Sharma, his wife Jaspara Priti Shahid and two other Indian nationals allegedly defrauded maritime regulatory authorities in several countries, including Guyana, Aswatini and Laos, by claiming to represent them and issuing flags and permits. This allowed vessels operating on behalf of the Iranian military and its proxies to evade international sanctions and continue to operate, according to the US Treasury Department. The department also sanctioned Turkey's Fugo Ground Services Inc. for its support in the Iranian aviation sector. substack | talk.

The U.S. Treasury Department issues new sanctions related to Iran, continued escalation, and companies in India and Turkey have been hit with U.S. economic sanctions as part of President Donald Trump's "Operation Economic Outcast" for allegedly helping Iran, just a day after the Democrats won the midterm elections. "We know where you are, and we will impose sanctions on those who continue to support the Iranian regime, whether on land, sea or air," said Treasury Secretary Scott Besant. Sunial Kumar Sharma, his wife Jaspara Priti Shahid and two other Indian nationals allegedly defrauded maritime regulatory authorities in several countries, including Guyana, Aswatini and Laos, by claiming to represent them and issuing flags and permits. This allowed vessels operating on behalf of the Iranian military and its proxies to evade international sanctions and continue to operate, according to the US Treasury Department. The department also sanctioned Turkey's Fugo Ground Services Inc. for its support in the Iranian aviation sector. substack | talk.