Ruthless power battles in Middle East give Asia a golden chance

China and South Korea keen to exploit Israeli-Arab rapprochement

HIROYUKI AKITA, Nikkei commentator

TOKYO -- Many Asian countries depend heavily on oil from the Middle East to meet their energy needs. In particular, Japan buys more than 90% of its imported crude oil from the region. Now a geopolitical earthquake of an unprecedented scale is rocking the region, with potentially huge implications for Japan and the rest of Asia.

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