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The US has imposed sanctions on four Indian companies for their involvement in selling and transporting petroleum products to Iran. According to the US State Department, the sanctioned entities include Flux Maritime LLP, BSM Marine LLP, Austinship Management Pvt Ltd, and Cosmos Lines Inc. US Treasury official Scott Bassant warned that any entity engaged in Iran’s energy sector would face similar restrictions. Additionally, firms from Hong Kong, China, and the UAE have also been sanctioned.

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