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Story summary
- India has exited the Chabahar Port in Iran due to renewed United States sanctions.
- New Delhi transferred $120 million to Iran to fulfill its commitment before sanctions were reinstated in September 2025.
- Following the sanctions, all directors of India Ports Global Ltd (IPGL) resigned, and the company's website was taken down.
- India now has no assets at the port and can return only if United States sanctions are lifted.
