๏ธ๐ฎ๐ณ๐ฎ๐ท๐บ๐ธ๐น๐ท๐ฌ๐ง The US Treasury announced sanctions on November 4, 2026, against an India-based network headed by Sunial Kumar Sharma and his wife, Jaspreet Preulent, and their registration. Permits that allow vessels carrying Iranian oil to evade international maritime rules.
The action, which was taken as part of Executive Order 13902 as part of an "ostracized economic operation", also targets several related companies and directors, and the Treasury Sanctions Office issued a flash: warning the industry about the risks of handling false flag vessels.
The Treasury Department separately approved Fugo Ground Services Inc of Turkey for providing ground handling to Iranian airlines already under U.S. sanctions, saying the designations block the targets' U.S.-linked assets and expose those dealing with them to penalties.