US sanctions on India's Chabahar port in Iran take effect
US sanctions on India's Chabahar port project in Iran took effect on Monday, ending the rare waiver that US granted in 2018. The move may compromise India's $500-600-million investments and connectivity ambitions to Afghanistan and Central Asia. Indian and foreign companies, including state-run India Ports Global, will have 45 days to exit Chabahar or risk having US-based assets frozen.