Adani Enterprises To Pay $275 Million To Settle US Sanctions Probe Over Iranian LPG Transactions

Adani Enterprises Limited has agreed to pay $275 million to settle potential civil liability in a US sanctions enforcement action brought by the Office of Foreign Assets Control (OFAC) over alleged Iran-related sanctions violations. According to OFAC’s enforcement release dated May 18, 2026, Adani Enterprises allegedly purchased multiple shipments of liquefied petroleum gas (LPG) between … Continue reading Adani Enterprises To Pay $275 Million To Settle US Sanctions Probe Over Iranian LPG Transactions