Could the search for resources lead to conflict in the Arctic?

As the World’s resources become more scarce, countries are beginning to press their claims to different parts of the Arctic, including the sea bed, which are new areas for resource exploration. The stakes are high and some fear that if disagreements are not ironed out, conflict could result:

http://news.bbc.co.uk/1/hi/sci/tech/7606132.stm

Here is a clip about this story:

http://news.bbc.co.uk/1/hi/world/7609500.stm

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