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US strike on Iran fuels Taiwan’s air defence debate and energy supply fears

Analysts say attacks on Iran illustrate Taipei’s need for integrated weapons systems, superior intelligence and electronic warfare

On Monday, the island’s cabinet said relevant ministries were “closely monitoring developments in the Middle East” and assessing potential impacts on Taiwan’s economy, financial markets and energy supplies.

Taiwan’s Premier Cho Jung-tai instructed finance authorities to keep a close watch on stock and currency market volatility, which officials said remained within a controllable range.

Taiwan has diversified crude imports in recent years, reducing reliance on the Middle East from 45 per cent to 35 per cent, according to officials.

Read original at South China Morning Post

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