US Imposes Targeted Sanctions on Myanmar Junta’s Profitable Oil Enterprise: A Defining Move
(Bloomberg) — In a significant move to limit the Myanmar military regime’s access to funds for purchasing weapons, the US has imposed sanctions on Myanma Oil and Gas Enterprise (MOGE), the junta’s most profitable state-owned enterprise. Most Read from Bloomberg Effective from December 15, the US Department of Treasury’s Office of Foreign Assets Control has …
