Among the many questions to come out of Tuesday’s ruling on the South China Sea: What does it all mean for the potentially vast reserves of oil and gas that lie beneath the disputed waters? The U.S. Energy Information Administration estimates the South China Sea holds 11 billion barrels of oil and 190 trillion cubic feet of natural gas, a significant sum for a region where energy demands continue to grow quickly. Yet the oil...

Source: Wall Street Journal July 13, 2016 05:15 UTC