News U.S.-Iran deal could lead to more Iranian oil in N. KoreaEasing Iranian oil sanctions could see more exports or re-exports from China: Congressional report Iran will likely increase its oil flows to North Korea following the removal of U.S. sanctions on the Middle Eastern country, according to a recently published report from the Congressional Research Service. The document covers the likely consequences to Iran’s foreign policy in the wake of the Iranian Joint Comprehensive Plan of Action (JCPOA). “According to some observers, a portion of China’s purchases of oil from Iran and other suppliers is re-exported to North Korea,” the article reads. “As Iran’s oil imports increase after international sanctions are removed in © Korea Risk Group. All rights reserved. |