Economics
China’s Oil Lifeline to North Korea Targeted After Nuclear Blast
- EIA estimates North Korea’s biggest source of oil is China
- Global Times says oil ban may not deter nuclear program
U.S.-China Economic Tensions Brew Amid Korea Crisis
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Even before North Korea detonated its most powerful nuclear bomb yet, Japan was calling for moves to cut off its oil supply.
Afterward, U.S. President Donald Trump threatened to halt all trade with any country that does business with Kim Jong Un’s regime. China, which supplies most of its food and fuel, on Monday called the warning “unacceptable.”