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]),... ... 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 nations', but no one could be fooled as this red dragon was referring to the 7th ...
08.10.2013