India, Oct. 10 -- The United States has imposed sanctions on several individuals, entities and vessels, including Indian nationals and firms.

Apart from Indian entities, these also include a Chinese independent refinery and terminal. The sanctions have been imposed on a network moving Iranian LPG with nearly two dozen shadow fleet vessels.

In its official press release, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) said it was sanctioning 50 individuals, entities, and vessels which "facilitate Iranian oil and liquefied petroleum gas (LPG) sales and shipments from Iran."

The US believes that Iran funds its nuclear and missile programs, and supports militant proxies in the Middle East through the income from...