Posted inAT Finance, Beijing, China, European Union, India, Indonesia, Japan, Malaysia, Mexico, Middle East, North Korea, Northeast Asia, Russia, Singapore, South Asia, South Korea, Taiwan, World

Arctic sea routes could ease Malacca Strait security issue

One of Asia’s biggest security headaches since the end of World War II has been a potential choke point on crude oil shipments that sail through the Strait of Malacca. China receives more than half its oil imports via the strait from the Middle East. Japan gets 90%; South Korea about 80%. A hostile navy could block […]

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