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Fuel shortages in Myanmar lead to a scramble at petrol stations

Fuel shortages in Myanmar lead to a scramble at petrol stations

19 Sept 22:14 Key points summarised by AI
  • Rumours of fuel shortages spread rapidly after an alleged leak regarding Central Bank of Myanmar's US dollar restrictions on fuel importers.
  • Shwe Byain Phyu, a prominent fuel operator, announced temporary closures of its gas stations, citing maintenance, though many believe financial strain from fixed exchange rates is the true cause.
  • The public reacted with panic, leading to a scramble for fuel and long queues at petrol stations, causing significant traffic disruptions, especially in Yangon and Mandalay.
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