Adani Enterprises Under US Scrutiny Over Alleged Iranian Oil Imports

Washington D.C.  Indian billionaire Gautam Adani's 'Adani Enterprises' has come under the purview of a US investigation over allegations of importing Iranian petroleum products. The company disclosed on Tuesday that it is cooperating with an investigation following US officials expressing concern over suspected fuel imports from Iran in violation of American sanctions. This matter surfaced after The Wall Street Journal published a report in June claiming that the Adani Group might have imported petroleum products of Iranian origin. According to the filing submitted by Adani Enterprises to the stock exchange, the 'Office of Foreign Assets Control' (OFAC), the body under the US...