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While the latest round of U.S. sanctions on North Korea’s oil
trade is likely to stop major companies from trading due to
reputational risks, it is unlikely to stop China’s crude oil
supplies to Pyongyang, S&P Global Platts reported in an
analysis on Thursday, citing market sources and observers. Earlier
this week, the U.S. Treasury slapped new sanctions on Chinese and
Russian entities conducting oil, coal, and banking business with
Pyongyang, and propping up the country’s weapons program.  The
Treasury’s Office…

While the latest round of U.S. sanctions on North Korea’s oil
trade is likely to stop major companies from trading due to
reputational risks, it is unlikely to stop China’s crude oil
supplies to Pyongyang, S&P Global Platts reported in an
analysis on Thursday, citing market sources and observers. Earlier
this week, the U.S. Treasury slapped new sanctions on Chinese and
Russian entities conducting oil, coal, and banking business with
Pyongyang, and propping up the country’s weapons program.  The
Treasury’s Office…

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