December 08, 2022

North Korea barrels past oil cap after a slow start this year: Report

The DPRK likely violated UN-imposed sanctions on oil imports, but experts say uptick in demand a good sign for economy

North Korea likely exceeded oil import limits set by the United Nations this year, according to a new report from the Royal United Services Institute (RUSI), after Pyongyang appeared to kick-start smuggling operations in May.

The development comes after months of little to no oil inflows, suggesting rising demand has put pressure on Pyongyang to dial up the covert trade.