The Joe Biden administration has imposed sanctions on two Indian companies for allegedly violating the US curbs on Russia by involving in the transportation of LNG (liquefied natural gas) from the warring country, according to Economic Times report.
Skyhart Management Services Private Limited and Avision Management Services Private Limited are the two Indian companies that have been slapped with sanctions, according to a statement from the US Department of State, a Business Standard report states.
Both the companies are based in Gurugram district of Haryana.
“Skyhart and Avision are being designated pursuant to section 1(a)(vi)(B) of E.O. 14024 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of LLC ARCTIC LNG 2,” the statement said.
The State Department identified two vessels – Pravasi and Onyx – as properties of Avision, which were fo..
