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Fuel prices in North Korea surge after China cuts oil sales

Seoul

PETROL and diesel prices surged in North Korea in the weeks after a Chinese state oil company suspended fuel sales to the reclusive state, according to data reviewed by Reuters and an interview with a North Korean defector.

China National Petroleum Corp (CNPC), a state-controlled company, halted diesel and petrol sales to North Korea "over the last month or two", amid international pressure on Pyongyang to curb its nuclear and missile programmes, Reuters exclusively reported on June 28.

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