China and India are already working together to tackle t

 the impending oil crisis and the rising threat of the Islamic State group. China and India are the world

‘s largest and second-largest importers of oil and also the second-and fourth-largest buyers of liqu

efied natural gas. As such, energy imports are critical to their development. The US’ attempts at regime change in Ira

n and Venezuela-the world’s third-and fourth-largest oil suppliers-by imposing stifling sanctions accompanied by a m

ilitary buildup in the Gulf have raised the specter of the potential closure of the Strait of Hormuz.

China and India have revived their 2005 proposal and formed a “joint w

orking group on energy” to identify avenues for cooperation including how to rein in risi

ng oil prices. They already have a “joint working group on countering terrorism”. A

www.sh419cn.com