China plans to launch crude oil futures on March 26: securities regulator

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Updated December 29, US President Donald Trump has accused China of being caught "red-handed" selling oil to North Korea, saying such moves would prevent "a friendly solution" to the crisis over Pyongyang's nuclear program.

The comments came after a South Korean newspaper published spy satellite photos which it said showed Chinese and North Korean vessels illicitly linking up at sea to get oil to North Korea. So-called ship-to-ship transfers are prohibited under United Nations sanctions put in place against North Korea in September. The UN Security Council last week unanimously imposed new sanctions on North Korea for a recent intercontinental ballistic missile test, seeking to further limit its access to refined petroleum products and crude oil.

The UN resolution seeks to ban nearly 90 per cent of refined petroleum exports to North Korea by capping them atbarrels a year. The US-drafted resolution also caps crude oil supplies to North Korea at 4 million barrels a year and commits the Council to further reductions if North Korea were to conduct another nuclear test or launch another ICBM.

In September, the Security Council put a cap of 2 million barrels a year on refined petroleum products exports to North Korea. In that video clip, Mr Trump described the North Korean regime as "sort of whacko", and urged action against its nuclear weapons program. The Trump administration has led a drive to step up global sanctions on North Korea in response to Pyongyang's efforts to develop nuclear missiles capable of hitting the United States.

Washington says the when does oil trade open with china cooperation of China, North When does oil trade open with china neighbour and main trading partner, is vital to the success of this effort, while warning that all options are on the table, including military ones, in dealing with North Korea. Chinese Foreign Ministry spokeswoman Hua Chunying cast doubt on the reports of illegal oil transfers published in South Korean media this week, and reiterated that China was enforcing sanctions against North Korea.

South Korea's Chosun Ilbo newspaper had quoted South Korean government sources as saying that spy satellites had detected 30 instances of ship-to-ship transfers to North Korean vessels since October.

The newspaper said the transfers involved large Chinese and North Korean ships operating in waters between China and South Korea. The article made reference to satellite images released by the US Treasury Department last month, which US officials said showed North Korean vessels attempting to conduct a ship-to-ship transfer.

China has repeatedly said it is fully enforcing all resolutions against North Korea, despite suspicion in Washington, Seoul and Tokyo that loopholes still exist. Asked at a regular briefing whether Chinese ships were illegally providing oil to North Korean ships, Chinese Defence Ministry spokesman Ren Guoqiang reiterated that China, including the military, strictly enforced UN resolutions.

Documents seen by Reuters this month showed Washington called on the Security Council to blacklist 10 ships for circumventing sanctions by conducting ship-to-ship transfers of refined petroleum products to North Korean vessels or transporting North Korean coal.

First posted December 29, The techniques used by fraudsters in online romance scams are similar to those found in domestic violence cases, according to new research. A new Netflix series being filmed in Adelaide and parts of the Northern Territory is "just the beginning" for Australia to produce original content for streaming services, according to the new chief executive of the South Australian Film Corporation.

Is it any when does oil trade open with china that women in both established and developing democracies feel that their governments are out of touch with their concerns? Breaking news Australia has set a new world record winning the men's 4, metre pursuit at the Commonwealth Games. The US says these spy satellite images taken in October showed a North Korean vessel trying when does oil trade open with china conduct a ship-to-ship transfer.

North Korea condemns new UN sanctions. Tough new UN sanctions to put the squeeze on North Korea's oil supplies. Shots fired as another North Korean soldier defects to the South.

Donald Trump has accused China of allowing the trade of oil with North Korea The comments came after South Korean media reported on the alleged transactions China has denied the claims and said it is enforcing UN sanctions. Three reasons to worry about North Korea With the current climate of military threats emanating from the Trump administration, should we be worried? The answer is complicated.

Donald Trump on Twitter: I've been saying when does oil trade open with china for a long, long time. We asked for your thoughts on the claims that China has traded when does oil trade open with china with North Korea. Transferring goods to or from North Korean-flagged vessels while at sea is explicitly prohibited under UN sanctions The US last month sanctioned multiple Chinese companies it said were engaging in the practice The US Treasury Department said the trade from those companies was worth "hundreds of millions of dollars".

This is how they will work and what they will do. Can Donald Trump break the North Korea bait-and-switch cycle? North Korean defectors ready to return Trump's unconventional style could succeed where others failed The mystery train used by North Korea's Kim Jong-un to travel to Beijing North Korea talks: We've been here before and it doesn't end well China preparing refugee camps for disaster: What can actually be done to deal with nuclear North Korea?

Understand the North Korean crisis What earthquake science can tell us about North Korea's nuclear test. Amid the speed and chaos of the White House, a pattern is emerging Here are all the people who've quit or been sacked from Team Trump Pax Americana is dead. We have entered a post-American world The not really most watched State of the Union ever caps a massive month in Trump when does oil trade open with china Trump's State of the Union address contained some alternative facts Trump interview: The mind games 'romance' scammers use on victims The techniques used by fraudsters in online romance scams are similar to those found in domestic violence cases, according to new research.

Netflix series filmed in Adelaide A new Netflix when does oil trade open with china being filmed in Adelaide and parts of the Northern Territory is "just the beginning" for Australia to produce original content for streaming services, according to the new chief executive of the South Australian Film Corporation. Democracy is failing its brief with its women problem Is it any surprise that women in both established and developing democracies feel that their governments are out of touch with their concerns?

Howard warns Liberal MPs to back Turnbull When does oil trade open with china three-tweet response to services going down 'doesn't cut it' WA finally lands GST increase but other states aren't so lucky in revised carve-up South Korea's top university denies developing killer robots Naturopath jailed for at least seven months for role in starving infant Life's a beach: Howard warns Liberal MPs to back Turnbull Sumo in uproar as women first responders ordered out of ring South Korea's top university denies developing killer robots 'We cannot sustain a cut of this magnitude': Sexual assault victim waives anonymity right 'I was desperate': Were white South African farmers murdered last year?

Eight surgeries and still no cure in sight: The disease crippling Australian women Towel 'change rooms' to a PM mobile mystery: Opening ceremony highlights 'We want our money back': Commuters waiting past midnight to leave opening ceremony Thinking about buying a DNA kit online? Read this first Homebuyers' borrowing capacity could be cut by up to 40 per cent 'Gutted' Pearson withdraws from Commonwealth Games with injury There is a way to a plastic-free life, but those who do it offer a word of caution 'Three nuggets and five chips' for dinner: Memo reveals conditions in aged care facility.

Read this first The gloves come off in Victoria as when does oil trade open with china diminished leaders scrap for power My husband suffered in a nursing home. Here's how we stop it happening again Can't afford a house? Beware quick-fix property co-ownership alternatives. Media When does oil trade open with china Audio Photos. Change to mobile view.

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