<ul><li>US sanctions on Iran have strategic implications on Indian companies and trade.</li><li>Indian companies may need to explore non-dollar payment systems or use intermediaries, complicating transactions and increasing the cost of doing business.</li><li>Recent US sanctions target various sectors in Iran, including primary sanctions prohibiting US persons from transactions with Iran and secondary sanctions restricting non-US persons from certain dealings.</li><li>The sanctions also involve the Specially Designated Nationals List, blocking assets of individuals and entities and prohibiting US persons from dealing with them.</li></ul>

Geopolitical Turmoil Of US Sanctions On Iran: Strategic Implications On Indian Companies, Trade

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