U.S. RUSSIA TAKE EXTENDED CONTINENTAL SHELF LAND FIGHT TO INTERNATIONAL SEABED AUTHORITY

Land is valuable, even when it is underwater. Currently the U.S. and Russia are dueling before the International Seabed Authority about the U.S. designation of hundreds of thousands of square nautical miles of seabed as part of the U.S. Extended Continental Shelf, which means the U.S. has the rights to minerals and use of the land like laying undersea cables.