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US targets Myanmar's state oil and gas enterprise with form of sanctions

  • Reuters
  • Oct 31, 2023

November 1, 2023



WASHINGTON, Oct 31 (Reuters) - The U.S. on Tuesday imposed a form of sanctions on Myanma Oil and Gas Enterprise (MOGE), the U.S. Treasury Department said, but stopped short of imposing full blocking sanctions on the ruling junta's main source of foreign revenue.


The action, first reported by Reuters, prohibits certain financial services by Americans to the state oil and gas enterprise starting on Dec. 15, the Treasury said in a statement, in the first direct action against the state-owned enterprise. Washington has previously targeted its leadership.

US sanctions 5 Turkish firms in broad Russia action on over 150 targets

  • Reuters
  • Sep 13, 2023

September 14, 2023



WASHINGTON, Sept 14 (Reuters) - The Biden administration on Thursday imposed sanctions on five Turkish companies and a Turkish national, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine.


The designations, first reported by Reuters, target shipping and trade companies accused of helping repair sanctioned vessels tied to Russia's defense ministry and helping the transfer of "dual-use goods." It is part of a bigger package of measures hitting Russia with sanctions on more than 150 targets, including the country's largest carmaker.

Exclusive: Top U.S. Treasury official to warn UAE, Turkey over sanctions evasion

  • Reuters
  • Jan 27, 2023

January 28, 2023



WASHINGTON, Jan 28 (Reuters) - The U.S. Treasury Department's top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose access to G7 markets if they do business with entities subject to U.S. curbs as Washington cracks down on Russian attempts to evade sanctions imposed over its war in Ukraine.

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