The perplexing dispute over oil

Territorial disputes in the South China Sea have been exacerbated by the great potential for oil reserves in the area. The Spratly Islands have been a major object of these disputes. While China and other countries have softened their positions to a degree, questions remain regarding how each country would cooperate in oil exploration in this area. The ultimate resolution of the dispute over the Spratly Islands could set an example for the future handling of rival claims, but whether the approach will be one of cooperation or conflict is unclear.