Caspian Sea oil

The Caspian Sea, located between Europe and Asia, holds one of the world's largest reserves of oil and natural gas. Its submerged deposits are sedimentary in origin, formed over millions of years from organic material. Extracting this oil involves drilling through the sea floor, often requiring advanced technology due to its depth and unique geology. The region's oil resources are economically significant for bordering countries like Kazakhstan, Azerbaijan, and Turkmenistan, contributing to their energy industry. However, the Caspian's legal status is complex because it’s a landlocked body of water with no clear international agreement on resource rights, leading to geopolitical negotiations and disputes.