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Thursday, 5 November 2026

2 verified updates · Business & Politics

Business Live

1 subject
Business

U.S. Treasury sanctions India-linked maritime network and Türkiye aviation firm

On 4 November, the U.S. Treasury announced sanctions under Operation Economic Outcast against individuals and companies it says assisted Iran-linked maritime activity through false vessel flags and certification, including India-based entities, and a Türkiye-based aviation-services company. Treasury also announced an industry alert on the risks of dealing with potentially falsely flagged vessels. The designations are confirmed U.S. government actions; the claims about the entities' underlying conduct are Treasury allegations, not court findings.

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Politics Live

1 subject
Politics

Tanker struck by two unidentified projectiles north of Qatar

The United Kingdom Maritime Trade Operations agency said a tanker was hit by two unidentified projectiles at 23:20 UTC on 4 November, about 50 nautical miles north of Madinat ash Shamal, Qatar, according to Reuters and the Associated Press. UKMTO said the crew's condition, the extent of damage and any environmental impact were not yet established. No party had claimed responsibility at the time of reporting. The incident occurred amid continued disruption to commercial shipping during the U.S.–Iran conflict; the available reporting does not identify who fired the projectiles.

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