UN Security Council unanimously approves tough new sanctions on North Korea

The UN Security Council on Friday unanimously imposed new sanctions on North Korea following its latest intercontinental ballistic missile test, a move that analysts said could have a significant impact on the isolated country’s struggling economy.
The resolution seeks to ban nearly 90 per cent of refined petroleum product exports to North Korea by capping them at 500,000 barrels a year and demands the repatriation of North Koreans working abroad within 12 months. The US-drafted…