India and China may be better placed to weather Hormuz energy disruptions
The Economic Times, carrying an ANI report, says George Yeo expects India to keep buying some Russian oil despite potential US tariff pressure.
TLDR
An ANI report published by The Economic Times quotes former Singapore foreign minister George Yeo saying India and China are relatively better placed to manage energy disruptions from the Strait of Hormuz because they have diversified supply sources and stockpiles. Yeo expects India to continue buying some Russian oil despite potential US tariff pressure. He also urged India to use open-source technology from China while building its own capabilities and keeping its data secure.
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