The Caspian Sea in Central Asia is bordered by five countries – including Russia and Iran. The sea is thought to contain a great deal of natural resources – part of the reason for the recent impasse. On Sunday, an agreement was signed, which allowed Turkmenistan to build an oil pipeline across it to supply Europe. This is definitely one of the regions of the world to look out for – with regard to increased competition for energy resources.

Source: Israel in the News