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Reuters
Reuters
Business

Myanmar to import Russian oil, military says

FILE PHOTO: Russia's Foreign Minister Sergei Lavrov attends a meeting with Myanmar's military leader Min Aung Hlaing in Naypyidaw, Myanmar, August 3, 2022. Russian Foreign Ministry/Handout via REUTERS

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 Southeast Asian country has maintained friendly ties with Russia, even as both remain under a raft of sanctions from Western countries - Myanmar for a military coup that overthrew an elected government last year, and Russia for its invasion of Ukraine, which it calls a "special military operation".

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