International

US sanctions Indian company for involvement in 'Ghost Fleet' transporting Iranian oil

October 12, 2024

New York, Oct 12

The United States has sanctioned an Indian ship services company for allegedly being involved in the transport of petroleum from Iran through a "Ghost Fleet" in defiance of restrictions on Tehran.

The State Department said on Friday that Gabbaro Ship Services Private Ltd based in India “knowingly engaged in a significant transaction for the transport of petroleum from Iran” by acting as the technical manager for the crude oil tanker Hornet.

It said that Gabbaro also has an interest in the ship.

The sanctions followed an announcement by National Security Adviser Jake Sullivan that Washington was taking action against “the Ghost Fleet that carries Iran’s illicit oil to buyers around the world.”

Ghost Fleet refers to ships clandestinely transporting products.

 

 

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