Five men accused in US of trying to trade in Iranian oil

Five men have been arrested and charged with trying to trade in Iranian oil in violation of US trade sanctions, The Associated Press reports.

In a statement issued Tuesday, the US Attorney’s Office in Philadelphia, Zhenyu Wang, Robert Thwaites and Nicholas James Fuchs, all of Dallas; Daniel Ray Lane of McKinney, Texas; and Nicholas Hovan of New York City are charged with conspiracy and violating US economic sanctions on Iran.