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U.S. Revokes Chabahar Sanctions Waiver, Putting India’s Port Deal at Risk

India says it is examining implications, with exposure to IFCA penalties starting September 29.

A speed boat passes by oil docks at the port of Kalantari in the city of Chabahar, east of the Strait of Hormuz.
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The US state department has said the revocation of the waiver was in line with Trump’s “maximum pressure policy to isolate the Iranian regime”.

Overview

  • The State Department confirmed the 2018 waiver for Iran’s Chabahar Port will be withdrawn effective September 29, aligning with President Trump’s maximum‑pressure policy on Tehran.
  • Washington warned that those operating the port or engaging in activities covered by the Iran Freedom and Counter‑Proliferation Act could face U.S. sanctions once the revocation takes effect.
  • New Delhi has a 10‑year agreement signed in May 2024 for India Ports Global Limited to operate the Shahid Beheshti terminal, following years of investment and equipment deliveries.
  • External affairs ministry spokesperson Randhir Jaiswal said India is assessing the consequences for its operators, financing and trade that rely on the Chabahar link.
  • The announcement was paired with new U.S. designations targeting illicit financial networks tied to Iranian oil sales that benefit the IRGC‑QF and Iran’s defense ministry, underscoring wider financial pressure on Tehran.