Sanctions have been imposed by the US on two firms and five individuals. The firms in question are based in Mumbai. The sanctions are related to alleged trade in oil with Iran. Five Indians have also been sanctioned.

Further details on the sanctions and the alleged oil trade are available from the source. The US has taken action against these entities and individuals, but specific information on the nature of the sanctions is not provided here.

For more information on the sanctions and the individuals and firms involved, readers can refer to the source publication, which has reported on the US sanctions.