India, China better positioned for Hormuz disruptions; Russian oil purchases likely to continue: Former Singapore Foreign Minister – FinSiddhi

India, China better positioned for Hormuz disruptions; Russian oil purchases likely to continue: Former Singapore Foreign Minister

India and China are better equipped to manage energy disruptions due to diverse sourcing and stockpiling. George Yeo emphasised India’s ongoing purchase of Russian oil despite potential US pressure. He recommended India utilise open sources from China to develop its own technology capabilities. Yeo urged a pragmatic approach to India-China economic relations focusing on mutual benefits. This strategy will help India enhance its global competitiveness while fostering national interests.
Read more at The Economic Times

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