The United States has announced economic sanctions on Iran. As a result, the US State Department has sanctioned four Indian companies for their ties with Iran and for purchasing fuel oil from the country. This information was given in a statement issued by the ministry on Monday.
The companies under the ban are `Portis Partners LLP`, `Sadashiv Overseas Limited`, `PR Softech Private Limited` and `Prakrutis Infra Impex India Private Limited`.