May 28, 2023

Petrol prices up by 43% in North Korean capital: source

Prices have increased by more than 160% since April, when initial pricing spike occurred

Petrol prices in Pyongyang increased by 43% on Thursday, an informed source told NK News, a significant and sharp spike upwards that builds upon a longer-term surge which kicked off in mid-April.

The increase follows the recent passage of United Nations Security Council Resolution 2375, which introduced major new restrictions on exports of oil and refined petroleum products to North Korea.