A Hazardous Game – The Strait of Malacca
... ~15 million barrels of oil pass there daily or 1/3 of the global oil trade, as tankers move from mainly Middle East to Asia (China, Japan, South Korea, etc.) It is not the only passage available there (e.g. Lombok-Makassar or Sunda Strait [very shallow]),... ... be solved as this “oil-lifeline” is a major flaw that could see the entire state collapse in a matter of weeks (Yergin, 2011: 209-211). Characteristically, China used diplomatic language and did not refer to the USA when speaking about 'large ...
08.10.2013