💨 Abstract

The US has sanctioned an Indian shipping firm, Gabbaro Ship Services, along with several other companies, for allegedly transporting Iranian oil for sale in Asia, following Iran's October 1 ballistic missile attack on Israel. The sanctions are aimed at denying Iran financial resources used for missile programs and terrorist activities. The companies are part of a 'Ghost Fleet' that transports Iranian oil through obfuscation and deception.

Courtesy: theprint.in

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