Monday, 20 May 2024

The Falkland Islands have become the 'world's most valuable real estate'

 The scramble for Antarctica's black gold: How Russian discovery of huge oil reserves in UK territory has made Falkland Islands the 'world's most valuable real estate'... with Putin and Xi eyeing treasure under frozen seas

More than half a trillion barrels of oil and gas were reportedly found underneath Antarctica by Russia 

  • An international treaty prevents countries from touching it, over environmental fears 
  • But experts warned that China and Russia are not to be trusted, and would get their hands on it at any cost 
  • Deep beneath the harsh wasteland of the Antarctic shelf lies a prize hundreds of millions of years in the making.

    For more than 150 years, wars have been fought for access to oil, the thick, black ooze that the world has come to rely on.

    Despite the growth of renewable energy in recent years, almost all of the world’s energy, 84% as of 2020, runs on fossil fuels, including oil and gas.

  • FULL STORY AT: https://mol.im/a/13429229 via https://dailym.ai/android 

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