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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