US sanctioned 19 Indian companies trading with Russia, blocking assets and banning US firms from engaging but the Impact remains minimal as Indian companies focus on domestic and Russian trade and have no business in USA
The US has issued a warning about potential sanctions against any country engaging in business with Iran, hours after India signed a 10-year agreement to operate the Chabahar port in Tehran.
"OFAC is also designating Zhao Guangzong and Ni Gaobin, two Chinese nationals affiliated with Wuhan XRZ, for their roles in malicious cyber operations targeting U.S. entities that operate within U.S. critical infrastructure sectors, directly endangering US national security," the US Treasury Department said in a statement.