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... ... world’s biggest economy? As Yergin (2011) stresses oil has been a primary energy concern for China ever since Mao, as it was perceived as a main component of... ... 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