US sanctions Indian citizens and businesses in India and Turkey over alleged support for Iran

Washington imposed sanctions on Nov. 4, 2026, targeting an India-based network and a Turkish aviation-services company. Treasury accused Suniel Kumar Sharma’s network of supplying false flags and certifications to sanctioned vessels carrying Iranian petroleum. Separately, it accused Fugo Ground Services of serving sanctioned Iranian airlines. The action is part of a broader campaign to restrict Iran’s oil revenue and includes an industry warning about potentially false-flagged vessels.