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In August 2014 Somalia sued Kenya at the ICJ seeking to redraw the boundary that currently runs eastwards from the land border. It later declined Kenya's efforts to have the matter resolved out of court. The dispute affects about 100, 000 square kilometres of sea said to contain vast deposits of hydrocarbons, whose blocks Somalia recently tried to sell to prospectors. Kenyan officials said they would not respond to the Arab Parliament statement saying the matter was now in court.

Libya and Algeria export much of their natural gas and oil to the EU. A third of Italy’s natural gas comes from Algeria, so it is clearly in Europe’s self-interest to prevent northern Mali from becoming the launchpad for attacks

stabilizing Mali is probably doable

Although few Europeans are aware, the EU is already present in Africa. The EU is training security forces in Niger, while the U.K., for example, is working with Mauritania on counterterrorism. An EU naval force has been in action to crush piracy off the Somali coast, while the EU is also training Somali troops in Uganda and paying for African peacekeepers in Somalia. U.K. Foreign Minister William Hague described the EU's involvement in Somalia as a model for Mali, in a BBC radio interview this morning. He added: What we don’t want in these countries like Mali is the 20 years of being a failed state that preceded all of that in Somalia.

optimistic scenario is that, having been slow off the mark, the EU, or at least European countries acting together in one combination or another, is now ready to help in Mali, recognizing that, as the U.S. pivots to Asia, Europe will need to do more to secure its own interests in Africa and the Middle East.

The issue of who controls what, however, is a tricky one. While certain pairs of states have worked out bilateral treaties dividing the sea between themselves, some boundaries -- most notably those involving Iran -- remain vague. In addition, the legality of building a "Trans-Caspian Pipeline" under the sea (as Turkmenistan would like to do, to ship natural gas through Azerbaijan and onward to Europe) is unclear, and both Russia and Iran oppose the project

"The military-political situation in the region is extremely unpredictable. This is explained on one side by the unregulated status of the sea, and from the other, the aspirations of several non-Caspian states to infiltrate the region and its oil and gas," the Russian magazine National Defense, in a not-so-oblique reference to the United States and Europe, wrote in a special report this year on the Caspian naval buildup. "In these conditions Russia is compelled to look after the security of its citizens and the defense of the interests of the Caspian countries."

Iran has built up its navy on the Caspian from nearly nothing during the Soviet era to a force of close to 100 missile boats, two of which are equipped with Chinese C-802 anti-ship missiles. And Tehran has announced that it's building a "destroyer," which will become the largest ship in its Caspian fleet (though probably closer to a corvette by international standards).

"If someone is too safe, no one is safe."

a classic case of the security dilemma

the firepower and the geopolitical tension on the sea are still low enough that the Caspian is far from "flashpoint" status. But the trend is moving in a dangerous direction. The five countries on the Caspian are all so opaque about their intentions that there is plenty of room for miscalculation, leading to a disastrous conflict that no state truly wants. It is also particularly ironic because  all the governments officially call for demilitarization of the Caspian. Most of the countries justify their Caspian naval buildups in light of this rhetoric by citing a threat from terrorists or piracy -- though there has been nearly no indication of either the intent or ability of terrorists to attack

All of the post-Soviet states mistrust Iran, especially Azerbaijan.

"Iranians think they are a besieged fortress," said a Baku naval analyst who asked not to be named. "The U.S. cooperation here is nothing special but they build conspiracy theories about it." Meanwhile, Azerbaijan's strong military relationship with Israel only adds to Iran's suspicions

Iran recently announced a huge new oil discovery in the Caspian, which Tehran says contains 10 billion barrels of oil. While Iran hasn't yet announced the exact location of the find, the information it has put out suggests that the discovery, according to regional analyst Alex Jackson, is in "what would reasonably be considered Azerbaijan's waters."

even if Suez Canal traffic were miraculously to increase, the benefits of a major logistical hub on its flanks are less than certain. Neither Egypt nor any other Middle Eastern or North African country is a major manufacturing centre. Intra-industry trade, which is that essentially conducted within multinational corporations as they integrate production of goods in many countries, is abysmally low in the Middle East and North Africa, whereas it is booming in East Asia. So the question of what purpose a logistical hub would serve is highly pertinent.

the Red Sea is not exactly a hospitable political environment. The ongoing war in Yemen, increasing instability in Eritrea and Ethiopia, persisting violence in Somalia and Egypt, protracted conflict in Sudan and South Sudan, piracy, and growing competition for port access between the UAE, Saudi Arabia, Djibouti, China, the US and others contain the seeds for turmoil that could negatively impact tourism in the region

What benefits then might Egypt anticipate from the reported $10 billion investment? The principal one seems to be contracts for military owned or associated construction companies, just as was the case with the digging of the parallel channel to the Suez Canal.

As military men they are interested in generating business for that sector of the economy they have come to control. From their perspective the $10 billion is not an investment in Egypt's future so much as it is a payment to the Egyptian military for being supportive of Mohammad bin Salman and his ambitions

costs of what appears to be a large scale, military dominated construction project are economic, environmental and political

Turning military owned and associated construction companies loose in the southern Sinai and along the foreshores of the Gulfs of Aqaba and Suez is a recipe for environmental disaster, as the current situations on the Mediterranean North Coast and western shore of the Gulf of Suez attest. The fragile marine environment has already sustained enormous damage to reef and other aquatic life.

buying Egyptian political insurance for his $10 billion, a price that Egypt may ultimately find to be very high

incident, yet to be independently confirmed, is the latest involving oil tankers in the Red Sea and Gulf region, and may ratchet up tensions between Iran and Saudi Arabia, long-time regional adversaries fighting a proxy war in Yemen, which lies at the southern end of the Red Sea