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The US Justice Department said it had charged five people in Texas and New York with conspiring to violate a law on international commerce by arranging to purchase sanctioned Iranian oil and sell it to a refinery in China.The defendants include Daniel Ray Lane, president of privately held STACK Royalties, a Texas-based company that sells oil and gas mineral rights to investment funds and private equity groups.Top US official on Iran says China’s oil purchases are ‘funding Iran’s terrorism’The…

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