The US Treasury Department, in collaboration with the UK and Canada, has announced new Sanctions against Myanmar's state energy company, Myanma Oil and Gas Enterprise. The sanctions, effective from December 15, will ban American companies from providing certain financial services to the company. The move aims to limit the regime's ability to purchase weapons for violent attacks against its own citizens. Additionally, five individuals and three companies from Myanmar, including government ministers and military officials, are also being sanctioned. The collective pressure on Myanmar's military regime is intended to deny them access to arms and supplies necessary for their violent acts.

The post US sanctions Myanmar’s state energy company appeared first on Balanced News Summary.