A Hazardous Game – The Strait of Malacca
... 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... ... 1991: 649-51; 2010). I have explored some of these partners in my older post (e.g. Central Asia or Russia; see: China Post), but extent of success via diversification... ... demand and the Malacca Dilemma. Moreover, these majors favour unstable states with high corruption as this way competition from international oil firms is minimised which allows...
08.10.2013