Report
India and China seen as better placed to withstand Hormuz energy disruptions
The Economic Times reports Yeo cited diversified sourcing and stockpiles and expected India to keep buying some Russian oil.
TLDR
The Economic Times reports that former Singapore foreign minister George Yeo said India and China are relatively better placed to handle Strait of Hormuz energy disruptions because of diversified sourcing and stockpiles. He expected India to keep buying some Russian oil despite potential US tariff pressure. Yeo also urged India to use open-source technology from China to develop its own systems while keeping its data secure.
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