New Delhi [India], September 19 (ANI): The Ministry of External Affairs on Friday said that India is 'examining the implications' of the United States' decision to revoke the sanctions waiver that applied to the Chabahar Port project in Iran. According to a statement issued by the US Department of State on Tuesday, the operators of the Chabahar Port in Iran will face US sanctions starting September 29. Chabahar Port, located in southeastern Iran near the China-controlled Gwadar Port, stands out due to its strategic and logistical advantages. In 2024, India signed a 10-year agreement with Iran for the operation of the Chabahar Port. This long-term deal, signed between Indian Ports Global Ltd. (IPGL) and Iran's Port and Maritime Organisation (PMO), grants India operational control over the Shahid Beheshti terminal, a key component of Chabahar's port infrastructure.