Adani group flagship firm on Tuesday said a US agency has sought information from the company over alleged import of petroleum products from Iran as part of a civil investigation into transactions with sanctioned entities. The WSJ report in June last year stated that US prosecutors were investigating if Adani group companies imported Iranian LPG into India through their Mundra port in Gujarat. "By policy, the Adani Group does not handle any cargo from Iran at any of our ports. Calling the report "baseless and mischievous", the Adani group had said it "categorically denies any deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG". The Adani Group has faced sustained scrutiny since early 2023, when US short seller Hindenburg Research accused it of stock manipulation and accounting irregularities - allegations the conglomerate has denied and which have not been proven in any court.

Source: The Telegraph February 10, 2026 14:38 UTC