India faces sanctions threat after India-Iran Chabahar Port pact, US State Department warns
Shorts By/
Smiriti Chand
May 14, 2024
The US cautions nations on potential sanctions risk for dealing with Iran after India signs a 10-year Chabahar Port agreement. IPGL to invest $120 million in port development, with India offering $250 million for infrastructure projects. US reaffirms sanctions on Iran while leaving India's foreign policy stance to Indian government.