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Sparsh Jindal

3rd Jun 2025 · SEBI-Registered Analyst

Adani Group Shares Dip Amid US Probe Report on Iranian LPG

Adani Group stocks fell up to 2.5% on June 3 after a Wall Street Journal report claimed a US probe into alleged Iranian LPG imports via Mundra port. Adani called the report “baseless,” denying any dealings with Iranian cargo or vessels, and affirming strict compliance with sanctions policies.

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