A trade agreement between India and Iran is reportedly not underway, according to a US official. This statement was made in response to speculation about a potential deal. The official cautioned that helping Tehran evade sanctions would be unwise.

The US has imposed sanctions on Iran, and other countries are being warned against assisting Tehran. Further details about the situation are available from the source.

A meeting between Indian and Iranian leaders had sparked rumors of a trade deal, but this has been denied by the US official.