“Competition between India and China as they seek bigger shares of the world’s dwindling supply of oil is likely to accelerate the rise in oil prices, economists say. It also has the potential to ignite lingering tension between the two countries going back to China’s 1962 invasion of India and exacerbated by hundreds of border incursions since then. “
(Source: As China premier Wen visits India, tension over oil markets not far from surface)