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Because China, India, Japan, and South Korea import large amounts of Middle East oil, a GCC collapse forces them to buy from the United States or Russia.
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Oil imports
Because China, India, Japan, and South Korea import large amounts of Middle East oil, a GCC collapse forces them to buy from the United States or Russia.
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"This war in the Middle East is going to knock out the oil production of Saudi Arabia, of Iran, of Iraq, of UAE, of..."
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