Overview
- The External Affairs Ministry said India remains engaged with Washington on a conditional sanctions waiver that currently runs until April 26, 2026.
- Officials are weighing options such as transferring roughly $120 million already committed and creating a new operating entity to limit government liability.
- Indian government officials on the board of India Ports Global Ltd have resigned, a step described by sources as part of insulating personnel from potential US measures.
- President Donald Trump’s announcement of a 25% tariff on countries doing business with Iran has increased pressure, though formal implementation details remain unclear.
- India has urged its approximately 9,000 nationals in Iran to depart and has advised against travel, as operations at Chabahar continue under the existing waiver due to the port’s strategic connectivity value.