Wed, Nov 11, 2015, 06:56 AM
US Secretary of State John Kerry hints that the global race for the Arctic is already on. He confirmed the US is watching China and Russia's moves in the region, where economic riches are attracting military interest. According to official data, Arctic has rich oil and gas reserves. Oil is available in Arctic which can meet 13 per cent of world?s supplies and gas 30 per cent of world?s supplies.