May 24, 2022

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Ahead of possible oil embargo, fuel prices spike further in Pyongyang

Price hike accompanied by restrictions on amounts drivers can purchase

Gas prices are set to further increase in North Korea as the United Nations prepares to vote Monday on a new sanctions package that may include a full oil product embargo to North Korea.

Gas stations in Pyongyang told foreign residents that a new price hike is anticipated on gas supplies, informed sources told NK News on Saturday, though new rates have yet to be established.