Pressure is mounting on the U.S. to sanction Myanmar’s oil-and-gas industry, the country’s largest single source of foreign cash
, the U.S. and other Western nations have levied several rounds of sanctions against the country, but they have yet to target the oil-and-gas industry, the junta’s main financial artery.
As Myanmar’s military escalates its war on opponents, the U.S. and other countries are facing growing pressure from lawmakers and human-rights advocates to take action against an industry that generates billions of dollars in revenue each year, and is the country’s largest single source of foreign cash.
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