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North Korea Sanctions Will Cut Fuel Imports — But Not Oil

  • UN Sec. Council resolution cuts fuel supply by near 56%: U.S.
  • Bans crude sales other than existing pipeline suppy from China
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New UN Sanctions Target North Korea Gas, Diesel Imports

New United Nations sanctions on North Korea will cut imports of fuels such as gasoline and diesel by almost 56 percent while capping shipments of crude at current levels, according to the U.S.

The oil supply restrictions, which were less than the full embargo sought by the U.S., was the main element of Monday’s resolution. The UN Security Council also banned textile exports and gave countries the ability to freeze assets of cargo ships whose operators don’t agree to inspections on the high seas.