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US revokes India’s sanctions waiver for key Iranian port US revokes sanctions waiver on India for key Iran port
(about 2 hours later)
The decision, which is part of Washington’s “maximum pressure” campaign against Tehran, will have an impact on trade The decision, which is part of Washington’s “maximum pressure” campaign against Tehran, will have an impact on Indian trade
The US has revoked the sanctions waivers it issued to India in 2018 for its operations at Chabahar Port.The US has revoked the sanctions waivers it issued to India in 2018 for its operations at Chabahar Port.
The strategically important seaport is located in southeastern Iran on the Gulf of Oman. It provides India with an alternative trade route to Russia, Afghanistan and Central Asia, bypassing Pakistan.The strategically important seaport is located in southeastern Iran on the Gulf of Oman. It provides India with an alternative trade route to Russia, Afghanistan and Central Asia, bypassing Pakistan.
This decision, announced on Tuesday, under the Iran Freedom and Counter-Proliferation Act (IFCA), is a part of Washington’s “maximum pressure” campaign against Tehran and takes effect on September 29. This decision, announced on Tuesday, under the Iran Freedom and Counter-Proliferation Act (IFCA), is a part of Washington’s “maximum pressure” campaign against Tehran and takes effect on September 29. 
“Once the revocation is effective, persons who operate the Chabahar Port or engage in other activities described in IFCA may expose themselves to sanctions under IFCA,” the US State Department said in a statement.“Once the revocation is effective, persons who operate the Chabahar Port or engage in other activities described in IFCA may expose themselves to sanctions under IFCA,” the US State Department said in a statement.
In February Washington passed an executive order to exert “maximum economic pressure” to “impose sanctions on the Iranian government, aiming to restrict its access to funds, including those generated through oil exports, ports, and related businesses.”In February Washington passed an executive order to exert “maximum economic pressure” to “impose sanctions on the Iranian government, aiming to restrict its access to funds, including those generated through oil exports, ports, and related businesses.”
In 2024, New Delhi and Tehran signed a deal that allows India to equip and operate the Shahid Beheshti terminal at Chabahar Port for the next decade.In 2024, New Delhi and Tehran signed a deal that allows India to equip and operate the Shahid Beheshti terminal at Chabahar Port for the next decade.
The facility was conceived as a strategic hub for the International North-South Transport Corridor (INSTC), developed by India, Iran, and Russia as an alternative shipping route to the Suez Canal.The facility was conceived as a strategic hub for the International North-South Transport Corridor (INSTC), developed by India, Iran, and Russia as an alternative shipping route to the Suez Canal.
The Trans-Caspian Route of the INSTC stretches across the sea from the Russian city of Astrakhan to Bandar-e-Anzali in Iran, then across the Islamic Republic to Chabahar Port, and then to Mumbai.The Trans-Caspian Route of the INSTC stretches across the sea from the Russian city of Astrakhan to Bandar-e-Anzali in Iran, then across the Islamic Republic to Chabahar Port, and then to Mumbai.
Two alternate routes link Iran and Russia via Azerbaijan and Central Asia.Two alternate routes link Iran and Russia via Azerbaijan and Central Asia.
A few days after the February announcement, New Delhi pledged continued support for its joint project with Tehran at Chabahar Port.A few days after the February announcement, New Delhi pledged continued support for its joint project with Tehran at Chabahar Port.
Speaking at an event in February to mark the 46th anniversary of the Islamic Revolution of Iran, Indian diplomat Jaideep Mazumdar described regional connectivity as a “crucial” aspect of relations.Speaking at an event in February to mark the 46th anniversary of the Islamic Revolution of Iran, Indian diplomat Jaideep Mazumdar described regional connectivity as a “crucial” aspect of relations.
He added that the development of the Chabahar deepwater port is a key example of the two countries’ “shared vision for mutual benefit through connectivity.” He added that the development of the Chabahar deepwater port is a key example of the two countries’ “shared vision for mutual benefit through connectivity.”