China's maritime assertiveness in the South China Sea increases LNG imports for Vietnam and the Philippines, prompting US, Philippines, and Japan military drills and defense pacts.
China's maritime assertiveness in the South China Sea has led to a rise in LNG imports for Vietnam and the Philippines, as Beijing's actions block access to oil development within the U-shaped line. This has prompted the US, Philippines, and Japan to boost military drills and defense pacts. The South China Sea, a crucial global trade route, contains significant oil and gas reserves, contributing to the energy crisis faced by Southeast Asian nations.
April 23, 2024
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