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Bangkok Post
Bangkok Post
Business

Myanmar ready to import Russian oil

Men walk past a service station where motorists are queueing to buy fuel in Yangon on May 21 this year. (AFP Photo)

Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices, a junta spokesperson said, the latest developing country to do so amid a global energy crisis.

The country has maintained friendly ties with Russia, even as both remain under sanctions from Western countries — Myanmar for the military coup that overthrew an elected government last year, and Russia for its invasion of Ukraine.

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