Gasoline prices in Pyongyang jumped sharply amid the U.S.-Iran conflict and supply disruptions in the Middle East, informed sources told NK News, with fuel in the North Korean capital now reportedly more expensive than in South Korea.

One kilogram of gasoline currently retails in Pyongyang at $2, while one liter goes for $1.56, sources familiar with recent pricing in the DPRK capital said, noting a steep increase in fuel costs following the blockade of the Hormuz Strait.

U.S. military action against Tehran forced Iran to close off the strait in early March, driving up Brent crude above $120 several