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Myanmar Buys Russian Oil as Emerging Markets Take Shunned Supply

  • Russian fuel oil shipments to arrive from September onwards
  • Impoverished nations turn to Russia to solve local shortfalls

Myanmar is set to join a growing list of developing countries that are warming up to Russia oil imports amid growing shortages across some of the most impoverished parts of Asia. 

The military-led government bought Russian fuel oil and the cargoes will arrive in phases from September, said junta chief Min Aung Hlaing this week. Ties between the two countries have strengthened on the back of a defense partnership, with Russia supplying arms, ammunition and training to Myanmar.