United Nations Security Council Resolution 1718
United Nations Security Council Resolution 1718 was adopted unanimously by the United Nations Security Council on October 14, 2006. The resolution, passed under Chapter VII, Article 41, of the UN Charter, imposes a series of economic and commercial sanctions on the Democratic People's Republic of Korea in the aftermath of that nation's claimed nuclear test of October 9, 2006.
The Security Council votes in favour of Resolution 1718
Economic sanctions are commercial and financial penalties applied by states or institutions against states, groups, or individuals. Economic sanctions are a form of coercion that attempts to get an actor to change its behavior through disruption in economic exchange. Sanctions can be intended to compel or deterrence.
An undersupplied US gasoline station, closed during the oil embargo in 1973