Stirring up the South China Sea (IV): Oil in Troubled Waters
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Stirring up the South China Sea (IV): Oil in Troubled Waters
The South China Sea’s hydrocarbon resources are hotly contested though its reserves are unproven. While their potential economic benefit may be considerable, their foremost significance is political, as their division has implications for sovereignty and fundamental law of the sea principles. Exploration frictions have deepened geopolitical fault lines. Competition once framed by verbal warnings and […]