In recent months, territory disputes have erupted between a slew of nations over small islands in the South China Sea, East China Sea, and Sea of Japan. Some of these islands, such as the Spratly and Paracel Islands, are uninhabited, but control over them could give the owner access to huge deposits of oil and gas. source: http://www.aljazeera.com/indepth/inpictures/2012/09/2012917946448723.html
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