US strikes Russian oil firm from sanctions list

US strikes Russian oil firm from sanctions list

Independent Petroleum Company removed from North Korea sanctions list after being added in 2017

By Michael Hernandez

WASHINGTON (AA) - The U.S. removed Monday Russia's Independent Petroleum Company from its North Korea sanctions list.

The company was designated in 2017 after it allegedly shipped over $1 million in petroleum products to North Korea in violation of UN sanctions on Pyongyang. AO NNK-Primornefteproduct, its subsidiary, was also sanctioned.

Primornefteproduct was also removed from the sanctions list.

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