News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
30
o
Bekaa
28
o
Keserwan
30
o
Metn
30
o
Mount Lebanon
28
o
North
34
o
South
30
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Nharkom Said
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
30
o
Bekaa
28
o
Keserwan
30
o
Metn
30
o
Mount Lebanon
28
o
North
34
o
South
30
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Two Texas men jailed for conspiracy to sell Iranian oil to China
World News
2024-06-12 | 01:56
High views
Share
Share
2
min
Two Texas men jailed for conspiracy to sell Iranian oil to China
Two Texas men convicted by a US jury in November of trying to sell Iranian petroleum in violation of sanctions imposed by Washington and of conspiracy to commit money laundering were sentenced on Tuesday to 45 months in prison, the Justice Department said.
Zhenyu Wang, 43, a Chinese citizen, and Daniel Ray Lane, 42, of McKinney, Texas, schemed with co-conspirators to evade US economic sanctions against Iran from July 2019 to February 2020 by facilitating the purchase of sanctioned oil from Iran, masking its origins and then selling it to a refinery in China, the department said in a statement.
Lane was president of privately held Stack Royalties, a Texas-based company that sells oil and gas mineral rights to investment funds and private equity groups.
Lane's attorney, Paul Hetznecker, told Reuters late last year that the case was based on undercover government agents who offered Lane "millions of dollars in profits" if he took part in the scheme after initially rebuffing their approaches. The attorney had called the case "an outrageous example of government overreach."
The pair were charged, along with three others, in 2020 in US District Court for the Eastern District of Pennsylvania. At least two co-conspirators have since pleaded guilty, court records showed.
China is the world's only major importer of Iranian oil despite sanctions that former US President Donald Trump unilaterally reimposed on Tehran's petroleum exports in 2018 after withdrawing the United States from the 2015 Iran nuclear deal between Tehran and six world powers.
Reuters
World News
Texas
United States
China
Iran
Oil
Petroleum
Next
North Korean leader boasts of 'invincible' ties with Russia amid talks of Putin visit
Elon Musk withdraws lawsuit against OpenAI
Previous
Related Articles
d-none hideMe
0
Middle East News
2024-07-13
Iran's president-elect Pezeshkian rejects US pressure, praises Russia, China
Middle East News
2024-07-13
Iran's president-elect Pezeshkian rejects US pressure, praises Russia, China
0
World News
2024-07-09
Saudi crude oil supply to China to rebound in August
World News
2024-07-09
Saudi crude oil supply to China to rebound in August
0
World News
2024-07-06
China's Xi congratulates Iran's Pezeshkian on election win: state media
World News
2024-07-06
China's Xi congratulates Iran's Pezeshkian on election win: state media
0
Middle East News
2024-06-19
Iranian Minister: No future US government can prevent Iran's oil exports
Middle East News
2024-06-19
Iranian Minister: No future US government can prevent Iran's oil exports
Recommended For You
d-none hideMe
0
World News
03:49
Afghanistan bus crash kills 17, injures 34
World News
03:49
Afghanistan bus crash kills 17, injures 34
0
World News
03:45
Russia needs to understand what Zelenskyy means by 'peace summit': Kremlin
World News
03:45
Russia needs to understand what Zelenskyy means by 'peace summit': Kremlin
0
World News
02:41
200 more Kenyan police leave for Haiti mission
World News
02:41
200 more Kenyan police leave for Haiti mission
0
World News
02:32
Senior North Korean diplomat defected to South Korea from Cuba
World News
02:32
Senior North Korean diplomat defected to South Korea from Cuba
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
World News
15:17
Trump announces Ohio Senator J.D. Vance as running mate
World News
15:17
Trump announces Ohio Senator J.D. Vance as running mate
0
Lebanon News
2024-07-09
Lebanon announces public closure on account of Ashura
Lebanon News
2024-07-09
Lebanon announces public closure on account of Ashura
0
Lebanon News
2024-07-10
Nasrallah affirms commitment to Al-Aqsa Flood war, emphasizes unity on Lebanese front
Lebanon News
2024-07-10
Nasrallah affirms commitment to Al-Aqsa Flood war, emphasizes unity on Lebanese front
0
Lebanon News
07:00
Beirut Airport receives approximately 14,000 passengers daily, strong summer tourism season ahead
Lebanon News
07:00
Beirut Airport receives approximately 14,000 passengers daily, strong summer tourism season ahead
Videos
d-none hideMe
0
Lebanon News
2024-07-11
Hezbollah's Ibrahim Moussawi to CNN: Regional powers do not seek full-scale conflict
Lebanon News
2024-07-11
Hezbollah's Ibrahim Moussawi to CNN: Regional powers do not seek full-scale conflict
0
Lebanon News
2024-07-09
Hezbollah’s "Hudhud" shows new footage of Israeli sites
Lebanon News
2024-07-09
Hezbollah’s "Hudhud" shows new footage of Israeli sites
0
Lebanon News
2024-06-18
Hezbollah scouts areas in northern Israel: What the hoopoe came back with (Video)
Lebanon News
2024-06-18
Hezbollah scouts areas in northern Israel: What the hoopoe came back with (Video)
0
Lebanon News
2024-06-12
Over 100 rockets launched from southern Lebanon toward northern Israel (Video)
Lebanon News
2024-06-12
Over 100 rockets launched from southern Lebanon toward northern Israel (Video)
0
Lebanon News
2024-06-10
Video shows Israeli drone downing in Iqlim al-Tuffah, South Lebanon
Lebanon News
2024-06-10
Video shows Israeli drone downing in Iqlim al-Tuffah, South Lebanon
0
Middle East News
2024-05-21
Funeral ceremony of the Iranian president begins in Tabriz (Video)
Middle East News
2024-05-21
Funeral ceremony of the Iranian president begins in Tabriz (Video)
0
Lebanon News
2024-05-14
Exclusive LBCI interview: Canadian FM urges ceasefire and Resolution 1701 adherence in Lebanon talks, discusses Canadian support for LAF, UNIFIL
Lebanon News
2024-05-14
Exclusive LBCI interview: Canadian FM urges ceasefire and Resolution 1701 adherence in Lebanon talks, discusses Canadian support for LAF, UNIFIL
0
Lebanon News
2024-04-30
University Students Organize Solidarity Protest for Palestine (VIDEO)
Lebanon News
2024-04-30
University Students Organize Solidarity Protest for Palestine (VIDEO)
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Middle East News
12:09
Prominent businessman tied to Syrian regime, Baraa Qatirji, killed in Israeli strike near Lebanon-Syria border: Here’s what you need to know about him
Middle East News
12:09
Prominent businessman tied to Syrian regime, Baraa Qatirji, killed in Israeli strike near Lebanon-Syria border: Here’s what you need to know about him
2
Lebanon News
07:00
Beirut Airport receives approximately 14,000 passengers daily, strong summer tourism season ahead
Lebanon News
07:00
Beirut Airport receives approximately 14,000 passengers daily, strong summer tourism season ahead
3
Lebanon News
14:26
Breaking: Israeli strike kills three family members in Bint Jbeil, southern Lebanon
Lebanon News
14:26
Breaking: Israeli strike kills three family members in Bint Jbeil, southern Lebanon
4
Lebanon News
04:33
Israeli warplanes break sound barrier over Sidon, Tyre, and Al Zahrani
Lebanon News
04:33
Israeli warplanes break sound barrier over Sidon, Tyre, and Al Zahrani
5
Lebanon News
10:30
Germany arrests suspected Hezbollah member: Prosecutor
Lebanon News
10:30
Germany arrests suspected Hezbollah member: Prosecutor
6
Lebanon News
05:26
Fire near Beirut Port caused by waste
Lebanon News
05:26
Fire near Beirut Port caused by waste
7
News Bulletin Reports
13:05
Health alert: Lebanon monitors FLiRTLB1 variant as symptoms spread
News Bulletin Reports
13:05
Health alert: Lebanon monitors FLiRTLB1 variant as symptoms spread
8
News Bulletin Reports
13:15
Banking crisis continues: New tax rules for loan repayments
News Bulletin Reports
13:15
Banking crisis continues: New tax rules for loan repayments
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More