Trump Imposes New Sanctions on Iran, Targets Khamenei's Aide; India Faces Trade, Chabahar Woes

• US President Donald Trump's administration has imposed new, tough sanctions on Iran, targeting shipping, trading, energy companies, and influential individuals.
• Sanctions specifically target Iranian leaders and networks, including Ali Larijani, accused of suppressing protesters and human rights violations.
• 18 individuals and entities involved in illicit oil/petrochemical revenue transfer and money laundering have also been sanctioned.
• India faces significant challenges as Iran is its largest buyer of Basmati rice and tea; sanctions disrupt banking channels and payment mechanisms.
• The Chabahar Port project, crucial for India's access to Afghanistan and Central Asia, is at risk if sanctions expand to companies working there, potentially benefiting China.

Why It Matters: New US sanctions on Iran target key sectors and individuals, raising concerns for India's trade and Chabahar Port project.