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]),... ... stagnating domestic output, increasing 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 'strongholds' to be ...