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If anything could distract Asia’s top powers from sparring over disputed territory and crimes committed during World War II, it’s the need for cheap oil.

Asia accounts for more than 70 percent of Saudi Arabia’s crude exports, with the four biggest economies — China, Japan, India and South Korea — leading the pack, according to consultancy Wood Mackenzie. That leaves them particularly vulnerable to rising geopolitical tensions in the Middle East that are now causing global crude prices to soar.

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