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High-Seas Energy Fight Off Malaysia Draws U.S., Chinese Warships

By Philip J. Heijmans (Bloomberg) — Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face off involving U.S. and Chinese warships, raising the risk of a direct confrontation as broader tensions grow between the world’s biggest economies. The episode began in December, when Malaysia’s state-run energy giant Petroliam Nasional Bhd. […]

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