North Korea fuel prices soar after U.N. sanctions capping supply


  • World
  • Monday, 18 Sep 2017

FILE PHOTO: A car drives past residential buildings in Pyongyang April 11, 2012. REUTERS/Bobby Yip/File Photo

(Reuters) - Gasoline and diesel prices rose sharply in North Korea after its sixth nuclear test and as the U.N. Security Council imposed new sanctions capping fuel supply, market data analysed by Reuters on Monday showed.

The Security Council unanimously passed a resolution on Sept. 11 banning exports of condensates and natural gas liquids to the North and capping the annual supply of refined petroleum products at two million barrels and crude at its current levels.

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