North Korea fuel prices drop, suggesting China, others, breaking sanctions

KCNA/Reuters

• Gasoline prices in North Korea have nearly halved since late March meaning China is likely breaking U.N. sanctions to sell them fuel. 
• The U.N. Security Council passed a resolution in December to ban nearly 90 percent of refined petroleum exports to North Korea over its nuclear and missile programs.
• But as North Korean leader Kim Jong Un has moved to improve relations with the United States, China and South Korea, concerns have grown that the policy of "maximum pressure" through sanctions and isolation, is losing steam.

SEOUL (Reuters) - Gasoline prices in North Korea have nearly halved since late March, market data analyzed by Reuters shows, adding weight to suspicions that fuel is finding its way into the isolated economy from China and elsewhere despite U.N. sanctions.

The U.N. Security Council passed a resolution in December to ban nearly 90 percent of refined petroleum exports to North Korea over its nuclear and missile programs.See the rest of the story at Business Insider

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