These sanctions are intended to prevent the country “bypassing United Nations sanctions that restrict the importation of petroleum products” by using a system of illicit ship-to-ship transshipment, it added.
The announcement comes against a tense backdrop as North Korea launched two new ballistic missiles on Thursday and flew 12 fighter jets in formation, after firing another missile over Japan on Tuesday, the first since 2017.
The North Korean regime called the weapons tests “a just retaliation” against Washington and Seoul and their military exercises in the region.
By imposing these sanctions, “the United States is sending a clear message that it will continue to take action against those who support the development and maintenance of the North Korean military and its military arsenal,” US Secretary of State Antony Blinken said in a statement.
The sanctions are aimed at freezing their assets under US jurisdiction, as well as prohibiting US companies, including international banks, from doing business with them.
Source: Ambito
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