Orlando
US Secretary of State Mike Pompeo announced sanctions against Chinese company over buying Iran oil
ORLANDO, Fla. (FNN NEWS) – US Secretary of State Mike Pompeo announced Monday morning during his keynote address at the 2019 Vetrans of Foreign Wars National Convention in Orlando that the US is imposing new sanctions against Chinese oil importer Zhuhai Zhenrong Company Limited and its chief executive Youmin Li for buying crude oil from Iran.
“They violated US law by accepting crude oil and any sanctions will indeed be enforced,” Pompeo said in a press statement.
US Secretary of State Mike Pompeo keynote address at the 120th Vetrans of Foreign Wars (VFW) National Convention held at the Orange County Convention Center in Orlando, Florida Monday, July 22, 2019. (Photo by Willie David / Florida National News)
Statement by Secretary Pompeo
Today, the United States is taking further action as part of our maximum economic pressure campaign against the Iranian regime by imposing sanctions on the Chinese firm Zhuhai Zhenrong Company Limited and its chief executive for knowingly purchasing or acquiring oil from Iran, contrary to U.S. sanctions.
We said we would fully enforce our sanctions, and we are backing this up with real action. The announcement today will help deny the regime critical income to fund terror around the world, engage in foreign conflicts, and advance its ballistic missile development. The Iranian regime must cease these destabilizing activities.
Zhuhai Zhenrong Company Limited knowingly engaged in a significant transaction for the purchase or acquisition of crude oil from Iran. The transaction in question took place after the expiration of China’s Significant Reduction Exception (SRE) on May 2, 2019, and was not covered by that SRE. Among other things, the imposition of these sanctions blocks all property and interests in property of Zhuhai Zhenrong Company Limited that are in the United States or within the possession or control of a U.S. person, and provides that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in. Additionally, the United States is imposing several restrictions as well as a ban on entry into the United States on Youmin Li, a corporate officer and principal executive officer of Zhuhai Zhenrong Company Limited. To implement my action today, the Department of the Treasury is adding Zhuhai Zhenrong Company Limited and Youmin Li to its List of Specially Designated Nationals and Blocked Persons.
Any entity considering evading our sanctions should take notice of this action today. It underscores our commitment to enforcement and to holding the Iranian regime accountable. The United States will continue to deny funding to this regime, which uses its wealth and tremendous resources to enrich itself, deprive the Iranian people of opportunity, and fuel its destructive foreign policy. All entities must do their diligence and stay well clear of sanctioned Iranian entities and sectors. No company or nation should be willing to expose itself to the possibility of supporting Iran’s Islamic Revolutionary Guard Corps or the regime’s regional proxies.
ORLANDO, Fla. (FNN Sports) – Russell Henley wins his first red cardigan at the Arnold Palmer Invitational, today, along with $4 million of the $20 million prize pool. The red cardigan was first awarded in 2017, in memory of Arnold Palmer who passed the year before. This is Henley’s fifth win on the PGA Tour.
Russell Henley is greeted by his family on the 18th green after winning the Arnold Palmer Invitational (Photo credit: Mike Brodsky, Florida National News)
Henley finished at 11 under par for the four day tournament, carding a 70 today. Collin Morikawa finished in second place at 10 under par. API defending champion, Scottie Scheffler, finished today at 4 under par, tied for 11th place.
Scottie Scheffler tees off at the Arnold Palmer Invitational (Photo Credit: Mike Brodsky, Florida National News)
This coming week, the top golfers head to TPC Sawgrass in Ponte Vedra, for The Players Championship. The winner will walk away with $4.5 million of the $25 million up for grabs. This is the PGA Tour’s largest regular season purse. Stay tuned to www.FloridaNationalNews.com for more.
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ORLANDO, Fla. (FNN Sports) – Scottie Scheffler wins his second red cardigan at the Arnold Palmer Invitational, today, along with $4 million of the $20 million prize pool. The red cardigan was first awarded in 2017, in memory of Arnold Palmer who passed the year before. Scheffler first won the API in 2022.
Scottie Scheffler wins the Arnold Palmer Invitational. (Photo credit: Mike Brodsky, Florida National News)
The number one ranked golfer in the world, Scheffler finished at 15 under par for the four day tournament, carding a 66 today. Wyndham Clark finished in second place at 10 under par. API defending champion, Kurt Kitayama, did not make the cut, this weekend, finishing 7 over par after the first two rounds on Thursday and Friday.
This coming week, the top golfers head to TPC Sawgrass in Ponte Vedra, for the 50th anniversary of The Players Championship. The winner will walk away with $4.5 million of the $25 million up for grabs. This is the PGA Tour’s largest regular season purse. Stay tuned to www.FloridaNationalNews.com for more.
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