New alliances not a silver bullet for energy security in China and India

Overreliance on any partnership could be problematic

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20190930 China oil tanker.jpg

A tanker carrying crude oil imported from Iran arrives at China's Port of Zhoushan: Beijing is doubling down on its strategic partnership with Tehran. © Imaginechina/AP

Tectonic shifts in global geopolitics are fostering a radical rewiring of energy sector partnerships. Prominent among them are the U.S.'s crippling sanctions against Iran, a festering trade war between the U.S. and China, and mounting regional tensions in the Middle East.

Energy-hungry and import-reliant Asian economic giants China and India are weakening some of their decades-old alliances with major oil and gas producers, strengthening others and creating brand-new dependencies.

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