Five Americans Charged With Breaking Iran Oil Sanctions

Five U.S. citizens have been charged with an attempt to violate U.S. sanctions against Iran by buying oil from Iran and selling it in China, the U.S. Attorney’s Office for the Eastern District of Pennsylvania said in a statement. The accused are all but one from Texas, with the last one from New York, and they were each charged with “one count of conspiracy and one count of violating IEEPA, based on allegations that from July 2019 to February 2020 they conspired in Philadelphia and elsewhere to arrange for the purchase of oil from the…