
Authored by Haley Zaremba via OilPrice.com,
- As tensions between the U.S. and China continue to escalate, the importance of the Middle East for these two superpowers is only growing.
- China is heavily dependent on energy imports from the Middle East and has struggled in recent years to keep up with its rising energy demand.
- While much has been made of the U.S.’ waning influence in the region, it retains a significant footprint throughout the Middle East and multiple key allies.
If the United States and China ever enter into conflict, one of the key battlegrounds could be the Middle East. China has been busily trying to shore up its energy security and diversify its energy portfolio around the world, but the country remains heavily dependent on the Middle East for oil. Unfortunately for Beijing, the United States retains a significant amount of leverage and military might in the region which could be used as a powerful weapon in a war of wills between the two global superpowers.
Maintaining a reliable and increasing energy supply is crucial to the well-being and continued growth of the Chinese economy. But as the country continues to develop, Beijing is having a hard time keeping up with demand. For several years in a row, China has suffered major rolling blackouts, with entire cities sometimes going dark for extended periods. And last year, China’s energy industry underwent an extreme stress test as drought crippled the domestic hydropower sector at the same time that the global energy market was in crisis due to a myriad of factors stemming from Russia’s invasion of Ukraine.
Beijing has been hard at work increasing the size and breadth of its own energy empire, paying special attention to increasing its energy footprint in developing countries with large and mostly untapped energy production potential. Back in 2020, Barron’s proclaimed that China had already become “the center of gravity for global energy markets”, and its sphere of influence has only continued to grow since then. On top of Beijing’s heavy investing in other nation’s burgeoning energy markets, China has also blown everyone else away in terms of clean energy spending in recent years. But it’s still not enough to fill the country’s nearly insatiable hunger for additional energy supply.
It’s clear that Beijing is extremely worried about the precariousness of China’s energy security as the country’s economy continues its upward trajectory and demand continues to skyrocket. The country remains hugely dependent on imports to meet its energy needs. It is the second biggest consumer of oil in the world, after the United States, and an incredible 72% of this is imported. The Middle East alone is responsible for about half of those imports. This renders the country extremely vulnerable to energy sanctions or other kinds of strategic energy blockading. Indeed, the Suez Canal, the Bab al-Mandab, and the Strait of Hormuz are all critical shipping routes that could be blocked with relative ease by Middle Eastern leaders.
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By: Miss Cherry May Timbol –Independent Reporter
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