The US sanctioned two Mumbai-based firms.
Five Indian nationals were also sanctioned.
The US alleges they helped import Iranian petroleum.
The action was on October 8.
The firms did not respond in the reports.
The department says that the entities channelled millions of dollars to Iran.
The US Treasury Department separately sanctioned 17 entities and their shadow fleet vessels.
Samudra Marine Services has been authorised to carry out wind-down transactions until October 23, 2026.
The action is part of Operation Economic Outcast, a US campaign to cut off Iran’s oil revenue.
A shadow fleet generally means vessels used to move sanctioned oil outside normal shipping oversight.
The Tribune’s report, based on PTI, did not carry a statement from the Indian government or the Ministry of External Affairs.
Coverage noted that the sanctions could affect India’s energy interests, despite recent limited resumptions of Iranian oil purchases, according to The Daily Jagran.
US sanctions can block the sanctioned persons’ assets under US jurisdiction and bar US persons from dealing with them.
Companies outside the US can face secondary consequences if they deal with sanctioned entities.
Brent crude was trading above $100 a barrel this week amid supply concerns in the Middle East.
On the same day, Indian shares fell sharply as Brent rose above $104 a barrel.
The figures for the total number of entities and vessels vary by agency, so readers should check the official State and Treasury releases.
The US Department of State imposed sanctions on Thursday, October 8, 2026, on two Mumbai-based companies and five Indian nationals.
The companies are SSPL Solutions Private Limited and Samudra Marine Services Private Limited.
The State Department says that the companies facilitated imports of petroleum products from Iran, according to PTI.
These are allegations made by the US government, and the reports did not include a response from the companies or the individuals.
Oil products tanker (representative image), Wikimedia Commons, CC BY-SA 4.0
