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... ... 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 depends on a heap... ... 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