Is The U.S. Going To Call For An Oil Embargo On North Korea?

Nikkei Asian Review: Japan, US look to cut off North Korea's oil supply

Allies reach for last economic resort after missile launch raises threat level

TOKYO -- The U.S. and Japan will call for an international embargo on oil exports to North Korea in response to Tuesday's launch of a ballistic missile over Japan, as the allies seek to strike at the lifeblood of Pyongyang's weapons programs.

The ban will be proposed at an emergency meeting of the United Nations Security Council to be held in New York on Tuesday at the request of Japan, the U.S. and South Korea.

All three countries are on the same page regarding tighter sanctions. In a phone call Tuesday, Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump agreed that now is the time for further pressure on North Korea, rather than dialogue.

Pyongyang "signaled its contempt for its neighbors" with the launch, Trump said in a statement. "Threatening and destabilizing actions only increase the North Korean regime's isolation," he warned, adding that "all options are on the table."

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WNU Editor: The above post contradicts what the U.S. said yesterday .... No U.S. plan to call for oil embargo on North Korea: U.S. official (Reuters).