The U.S. Justice Department announced on Tuesday that two defendants who were convicted in November for attempting to sell sanctioned Iranian oil to China were sentenced to 45 months in federal prison.
Prosecutors accused Daniel Ray Lane, 42, of McKinney, Texas, and Zhenyu Wang, 43, a Chinese citizen, of operating a conspiracy between July 2019 and February 2022 to sell Chinese refineries petroleum products that were restricted due to sanctions being placed on the regime in Tehran by the Trump administration in 2018.
Court records indicate that two other individuals pleaded guilty in the U.S. District Court for the Eastern District of Pennsylvania to charges related to the matter.
China, the only major importer of oil from the Islamic Republic, was accused in 2023 of purchasing an estimated 1 million barrels a day from the sanctioned state.
Related Story: Two Texas Men Convicted for Trying to Sell Sanctioned Iranian Oil to China
