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India, China better set for Hormuz shocks: Ex-SG FM

Former Singapore Foreign Minister George Yeo believes India and China are better positioned to handle potential oil supply disruptions from the Strait of Hormuz due to diversified energy sourcing and stockpiles. Though both nations are relatively well-prepared, Yeo notes India remains anxious and will continue purchasing some oil from Russia, despite potential U.S. tariff pressure.

He advises India to learn from China's open-source resources to develop its own technological capabilities, rather than relying solely on American or Chinese systems. Yeo emphasizes the importance of maintaining a balanced approach to not become overly dependent on either superpower. He also stresses the need for a pragmatic approach to India-China economic relations, highlighting that Chinese inputs can enhance India's global competitiveness while both countries should prioritize their national interests.

Yeo sees positive signs in India-Singapore economic ties, suggesting there are opportunities for further deepening of the relationship.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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