North Korea

Oil & Gas

Trafigura denies involvement in North Korea oil transfer

Trafigura Group denied it was involved in the illicit transfer of fuel to North Korea after the South Korean government said the world’s third-biggest independent oil trader originally owned a cargo that was shipped in breach of United Nations sanctions in October.

Other News

China imposes limit on oil supply to North Korea

China has announced that it will limit energy supplies to North Korea and stop buying its textiles under UN sanctions imposed over its nuclear and missile development, further reducing support from Pyongyang’s last ally.