Slaps sanctions on Indian, Turkish firms and people for aiding Iran

The U.S. Treasury has imposed new sanctions on companies and individuals in India and Turkey for supporting Iran, warning it will keep targeting anyone that backs the Iranian government. Announced Nov. 4 as part of the Trump administration’s “Operation Economic Outcast,” the measures aim to limit Iran’s ability to sell oil used to fund conflict involving the U.S. and Israel. Treasury said the actions, coming a day after Democrats gained control of both congressional chambers in midterm elections, target Suniel Kumar Sharma, his wife Jaspreet Preeti Shahid, and related entities tied to their businesses. The department also sanctioned Turkey-based Fugo Ground Services Inc.