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Commodities

Rising US energy exports could prompt seismic shift in Asian market

Middle East, Russia on defensive as cheaper fuel floods in

A tanker carrying the first shipment of U.S. shale gas prepares to dock at Grangemouth, Scotland, on Sept. 27, 2016.   © Reuters

TOKYO -- Energy markets across Asia could be about to undergo a huge overhaul. Driven by the shale drilling revolution, U.S. exports of crude oil and liquefied natural gas are growing rapidly and likely to make significant inroads into the market share held by Middle Eastern producers. 

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