Updated

The US Treasury on Wednesday, November 4, 2026, imposed fresh sanctions on companies and individuals based in India and Turkey over their ties to Iran. Reuters reported that Washington warned it would keep targeting anyone who supports the Iranian regime. The measures are part of the Trump administration's Operation Economic Outcast, which aims to cut off Iran's ability to sell oil and fund the war with the United States. The sanctions add to pressure on Iran's oil revenue while Hormuz talks continue.