Meghan O’Sullivan quoted in The Financial Times article, “US Will Keep Policing the Gulf Despite Trump Protests”
“…Over the past decade, security of oil supplies in the Middle East has become more critical to Asia than to the US. The Middle East now amounts to two-thirds of India’s crude imports, three-quarters of South Korea’s and a near 90 per cent of Japan’s. By comparison, the US relies on the region for a sixth of its oil imports, thanks to its shale boom that has turned it into the world’s largest oil producer.
“‘Two big things have changed: the volume of US oil imports overall has declined dramatically and there is not a strategic imperative for the US to import oil from this region,’ said Meghan O’Sullivan, a professor at the Harvard Kennedy School…”
Read the full article here: