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North Korea is subject to US sanctions because of its import of Russian oil

March 27, 2024

30 officials from both the United States and South Korea met among themselves; To impose a ban on illegal Russian refined oil imports destined for North Korea.

The South Korean Ministry of Foreign Affairs issued a statement in which it clarified the nature of this meeting, which was attended by officials from ministries, agencies, and entities responsible for the maritime embargo in both countries – the United States and South Korea – and also stated in the statement that this embargo is inevitable so that North Korea does not import the Russian refined oil needed to use it. Warplanes and nuclear weapons.

That meeting followed the follow-up of a United Nations committee of experts concerned with monitoring petroleum products supplied to North Korea. This committee is responsible for ensuring that the volume of imports to North Korea does not exceed 4 million barrels of crude oil and 500 thousand barrels of refined oil annually.

The United Nations Committee of Experts said that from January 2023 until September 15, 2023, North Korea imported more than 1.5 million barrels of refined oil, a greater percentage than agreed upon in the United Nations.

The US State Department, in turn, warned of these mutual operations between Russia and North Korea, which had expanded to include North Korea supplying weapons to Russia to support it in the war against Ukraine, and the United States threatened that these sanctions and the embargo on North Korea could include coal in the future as well, not oil and petroleum products. Duplicate only.