Biden administration imposes sanctions on 2 Indian companies for violating US curbs on Russia: Report
Live MintThe Joe Biden administration has imposed sanctions on two Indian companies for allegedly violating the US curbs on Russia by involving in the transportation of LNG from the warring country, according to Economic Times report. Skyhart Management Services Private Limited and Avision Management Services Private Limited are the two Indian companies that have been slapped with sanctions, according to a statement from the US Department of State, a Business Standard report states. The US government imposed sanctions on more than 200 entities and individuals for their involvement in Russia’s energy sector, the key source of revenue fuelling Moscow's war against Ukraine. US Secretary of State Antony Blinken said: “The United States is imposing sanctions today on more than 200 entities and individuals involved in Russia’s energy sector and identifying more than 180 vessels as blocked property.
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