Watch now The Arctic Ocean: The Next Global Battleground | Meidas Defense Former Pentagon Arctic advisor Iris Ferguson explains how melting ice is turning the Arctic into the next great battleground for global trade and security. MeidasTouch Network and Joe Plenzler May 15 By Joe Plenzler With the world focused on the strategic maritime chokepoint of the Strait of Hormuz—where 20% of the world’s oil capacity and 30% of internationally traded fertilizer are currently bottled up—what people aren’t watching is what’s happening in the Arctic Ocean. As global warming increases and the polar ice caps melt, the Arctic Ocean—once largely unnavigable—is becoming increasingly open to maritime transit and resource extraction. Russia, Canada, the United States, China and others are scrambling to establish dominance in the region. Will the Arctic become the next strategic tollbooth for maritime trade? Meidas+ is a reader-supported publication. To receive new posts an...
