Less ice in the Arctic means new places to drill for oil. And with that in mind, Arctic bordering nations including the US, Russia and Denmark (courtesy of Greenland) are all staking a claim to land and water rights in the northernmost parts of the world. Canada, as this BBC report suggests, has only just woken up to this brewing tundra grab and is now sending icebreakers north to stake its own claim.
And you thought the Middle East had oil political problems…..