The United States has implemented new sanctions targeting nearly 60 entities, including four India-based firms and three Indian nationals, for allegedly facilitating Iranian trade. According to Bloomberg, India’s rice exports to Tehran have remained resilient despite these measures and regional conflicts, with rice comprising approximately two-thirds of India’s $1.

25 billion in exports to Iran for the fiscal year ending in March. Other reported Indian shipments to Iran include pharmaceuticals, tea, and bovine meat, though specific details on these transactions remain unverified in the provided text.