U.S. Sanctions Chinese, UAE-Based Companies Over Sale Of Iranian Petrochemicals

WASHINGTON (Reuters) – The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump’s term.

Iranian CEO sentenced for conspiracy to violate U.S. sanctions

MINNEAPOLIS (AP) — The founder and CEO of an Iranian financial services firm accused of conspiring to violate U.S. sanctions against Iran was sentenced Thursday to nearly two years in federal prison.

Seyed Sajjad Shahidian, 33, pleaded guilty in June to one count of conspiracy to defraud and commit offenses against the United States. Shahidian, a citizen of Iran, was arrested in London in November 2018 but wasn’t extradited to the U.S. until this past May.

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