Oil and Gas Finds Fueling Tension in Eastern Mediterranean

Oil and Gas Finds Fueling Tension in Eastern Mediterranean

Oil and gas discoveries in the eastern Mediterranean are ratcheting up tensions in a region that already has its fair share of pernicious disputes. Rival communities on the divided island of Cyprus, as well as Turkey and arch-enemies Lebanon and Israel are staking claims in one of the world's newest oil frontiers.

The region's deposits are minor compared to the Persian Gulf, but for small nations like Israel and Cyprus they hold substantial promise. But rather than providing an opportunity for stability through economic cooperation, the discoveries raise the specter of renewed conflict as the parties push ahead with deals to start exploration.

Complicating matters is the fact that the deposits are in international waters, historically a reason for nations to call in the gun boats in the absence of a production-sharing agreements. The potential threat is heightened by the state of war between Israel and Lebanon and tension between Turkey and Cyprus over Turkey's backing of Turkish Cypriots in their dispute with the island's Greek Cypriot majority.

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