Ryanggang Province
province of North Korea
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business Apr 21, 2026, 1:09 PM
Fuel hoarding escalates in North Korea as oil prices surge - Fuel hoarding has become widespread in North Korea, especially in Hyesan, as vehicle owners react to rising global oil prices.
- Purchases are being made from private dealers as state fuel stations limit sales volumes.
- Continued hoarding and illegal trading are likely due to anxiety about future cost increases amidst ongoing conflicts.
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2026 All rights reserved
2026 All rights reserved