U.N. eyes new N. Korea sanctions, 90% cut in oil product inflows

The United States on Thursday circulated a draft U.N. Security Council resolution that would ban nearly 90 percent of refined petroleum product exports to North Korea.The 12-page draft sanctions resolution, a copy of which was obtained by Kyodo News, is set to be put to a vote by the 15-member council Friday afternoon.In an effort to further cut funding for Pyongyang's development of nuclear weapons and ballistic missiles, the draft also calls for the repatriation of North Koreans working abroad within a year.The new resolution was drafted in response to North Korea's test-launch last month…READ FULL ARTICLE