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Resource war

Resource wars are armed conflicts in which the acquisition or control of natural resources constitutes a central objective or enabling factor for the combatants, often involving commodities like minerals, oil, timber, or guano that hold significant economic value.^[1]^[2] Historically, such wars include the 1864–1866 Chincha Islands War between Spain and Peru over lucrative guano deposits essential for fertilizer and explosives production, exemplifying early commodity-driven territorial disputes.^[3] In modern contexts, resource wars predominantly manifest as intrastate conflicts in resource-abundant but institutionally fragile states, where revenues from "lootable" resources like diamonds or oil sustain rebel financing or elite capture, as seen in Sierra Leone's 1991–2002 civil war fueled by diamond exploitation.^[4]^[5] Empirical analyses reveal a robust statistical association between natural resource dependence—particularly point-source exports—and elevated risks of civil conflict onset and duration, though this "resource curse" effect is mediated by poor governance and pre-existing political instability rather than resources alone causing violence.^[6]^[1] Debates persist on the causal direction, with evidence challenging simplistic "greed-over-grievance" models by highlighting how resource windfalls exacerbate underlying ethnic or ideological tensions without independently sparking wars in well-governed polities.^[7]^[8]

Definition and Conceptual Framework

Core Characteristics

Resource wars are defined as armed conflicts in which the acquisition, control, or retention of natural resources constitutes the primary motivation for belligerents, distinguishing them from disputes driven mainly by ideology, territory, or revenge. These resources encompass non-renewable commodities such as oil, natural gas, minerals, and gemstones, as well as renewables like water, arable land, fisheries, and timber, where value derives from their economic utility, strategic importance, or capacity to generate revenue during hostilities.^[1]^[9] The central causal mechanism involves resources enabling sustained warfare through direct extraction, trade, or extortion, often in contexts of weak governance where "lootable" assets—those easily seized and monetized without advanced infrastructure, such as alluvial diamonds or shallow-oil deposits—facilitate rebel financing and prolong insurgencies.^[10] A hallmark is the economic dimension's dominance, where resource rents distort incentives toward predation over production, fostering rent-seeking behaviors that undermine state institutions and invite external powers seeking supply security. Intrastate variants predominate empirically, with studies showing resource-dependent economies experiencing 20-30% higher civil war onset risks when point-source exports exceed 33% of GDP, as these funds arm factions while eroding fiscal accountability.^[10] Interstate resource wars, rarer and often involving preemptive actions over strategic chokepoints like oil fields, exhibit features of power projection intertwined with market access, as modeled in dynamic theories where extraction constraints and rival capacities determine war equilibrium.^[11] Environmental scarcity adds a layer in renewable-focused conflicts, where absolute shortages or degradation—such as from population pressure or climate variability—amplify "social effects" like group migration, elite cleavage, and sharpened competition, indirectly catalyzing violence in low-capacity states. Thomas Homer-Dixon's case studies across 12 conflicts from 1980-1994, including Pakistan's water disputes and South Africa's land strains, demonstrate how such scarcities contributed to 25-50% of instigating factors in sub-Saharan and Middle Eastern cases, though direct resource capture remains secondary to these stressors.^[12] Critically, empirical meta-analyses reveal no universal "resource war" determinism; abundance effects via the resource curse explain more variance in conflict propensity than pure scarcity, with governance quality mediating outcomes—robust institutions mitigate risks even in high-dependence settings.^[7]^[10] This underscores resource wars' context-dependence, where causal claims require disaggregating resource type, location, and actor capabilities over monocausal narratives.^[1]

Distinction from Resource Curse and Other Conflict Types

Resource wars entail armed conflicts where the primary objective is to gain control over or deny access to natural resources of strategic or economic value, such as petroleum, minerals, or water, distinguishing them from mere opportunistic looting during unrelated hostilities.^[1] This causal emphasis on resources as the motivator differentiates resource wars from broader geopolitical rivalries, where resources may fund but not initiate fighting. The resource curse, by contrast, refers to the empirical pattern observed since the 1970s whereby resource-dependent economies—particularly those reliant on point-source exports like oil—exhibit slower GDP growth, higher corruption indices, and elevated civil conflict risk due to mechanisms including Dutch disease (resource booms crowding out other sectors), volatile rents encouraging rent-seeking over productive investment, and weakened institutions from unearned windfalls.^[13] Coined by Richard Auty in 1993 to describe this "paradox of plenty," the curse typically precipitates internal dysfunction or civil unrest over revenue distribution rather than structured interstate campaigns for resource seizure, as evidenced by cross-country regressions showing resource abundance correlating with authoritarian durability and conflict onset probability (e.g., a 10% increase in oil rents linked to 0.5% higher civil war risk in models controlling for income and democracy).^[14] While both phenomena involve resources, the curse underscores abundance's domestic pathologies, not exogenous predation.^[15] Resource wars also diverge from ethnic, ideological, or purely territorial conflicts, where grievances stem from identity, doctrine, or sovereignty claims without resources as the core stake; for instance, World War II's ideological axes involved resource logistics but were propelled by expansionist ideologies, whereas paradigmatic resource wars like the 1990-1991 Gulf War centered on Iraq's invasion for Kuwait's oil reserves to offset debt and scarcity pressures.^[16] Empirical meta-analyses confirm resources heighten conflict probability independently of these factors, with abundance-linked wars (e.g., over diamonds in Sierra Leone's 1991-2002 civil war) showing distinct patterns from scarcity-driven ones, though overlaps exist and causal attribution requires disaggregating greed (resource predation) from grievance (inequality).^[6] Unlike proxy or great-power competitions, resource wars often feature non-state actors or regional powers targeting extractive sites directly, as in coltan disputes fueling the Democratic Republic of Congo's conflicts since 1996.

Historical Development

Pre-20th Century Conflicts

In ancient Mesopotamia, competition for fertile land and water rights fueled the earliest documented interstate conflict between the city-states of Lagash and Umma around 2500 BCE. The dispute centered on the Gu-Edin (or Guedena) plain, a boundary region irrigated by canals from the Tigris River, essential for agriculture in the arid environment.^[17] This scarcity-driven rivalry escalated into warfare, with Lagash's ruler Eannatum claiming victory in inscriptions on the Stele of the Vultures, which depicts phalanx formations and vultures scavenging enemy dead to symbolize dominance over the contested territory.^[18] A brief truce was imposed by Mesilim, king of Kish, who erected a stele demarcating the border and stipulating Umma's payment of water fees to Lagash, reflecting early recognition of hydraulic interdependence; however, violations reignited hostilities for over a century.^[17] These clashes underscore how control of irrigation infrastructure directly determined agricultural output and state survival in Sumerian polities. During the Bronze Age, broader Near Eastern powers vied for mineral resources critical to bronze production. The Hittite Empire's campaigns into the Levant around 1400 BCE targeted copper deposits in Cyprus and timber from Lebanon, both indispensable for weaponry and construction, while Egyptian pharaohs like Thutmose III sought similar Levantine metals and cedar in the Battle of Megiddo (1457 BCE).^[19] Resource extraction motivated alliances and betrayals, as evidenced by the Amarna Letters, diplomatic correspondence revealing Egyptian-Hittite tensions over trade routes carrying tin from Anatolia, a rare alloy component whose scarcity amplified conflict incentives.^[19] Roman imperial expansion systematically incorporated resource-rich territories to sustain military and urban demands. The conquest of Egypt in 30 BCE under Octavian secured the Nile Valley's annual grain surplus—estimated at one-third of Rome's supply—averting famines and enabling population growth to over a million in the capital.^[19] In Hispania, campaigns from 218 BCE onward exploited silver and gold mines, such as those at Las Médulas, yielding billions in modern-equivalent value and funding legions; Dacia's annexation in 106 CE under Trajan similarly tapped auriferous rivers, with spoils including 165 tons of gold and 330 tons of silver to bolster coinage and infrastructure.^[19] These acquisitions were not incidental but integral to fiscal stability, as provincial tribute covered up to 40% of imperial revenues by the 2nd century CE.^[19] In the early modern era, European powers waged colonial wars for precious metals and spices that underpinned mercantilist economies. Spain's invasions of the Americas post-1492 focused on Mesoamerican and Andean gold and silver; the Potosí mine in Bolivia alone produced 45,000 tons of silver between 1545 and 1800, financing Habsburg wars and global trade imbalances.^[20] Rivalries extended to Asia, where the Dutch-Portuguese War (1602–1663) erupted over clove and nutmeg monopolies in the Moluccas; Portugal's expulsion from key islands allowed the Dutch East India Company to enforce exclusivity through forts and blockades, generating profits equivalent to 18 million Dutch guilders annually at peak.^[3] Such conflicts prioritized commodity control over territorial ideology, with spices valued higher than gold by weight due to European demand for preservation and medicine.^[3]

19th and 20th Century Interstate Wars

The Second Boer War (1899–1902) between the British Empire and the Boer republics of the Transvaal and Orange Free State exemplified resource-driven interstate conflict in the late 19th and early 20th centuries. The discovery of diamonds in Kimberley in 1867 and gold in the Witwatersrand in 1886 transformed the region into a major economic prize, attracting tens of thousands of British-aligned uitlanders (foreigners) who outnumbered Boers in the Transvaal by 1890 and generated over 20% of the world's gold output by 1900.^[21] British demands for uitlander voting rights served as a pretext, but the underlying motivation was securing control over these mineral wealth sources to bolster imperial finances amid rising competition from other powers; the war resulted in approximately 22,000 British military deaths, 7,000 Boer combatants killed, and over 20,000 Boer civilians in concentration camps, culminating in the unification of South Africa under British dominance.^[22]^[23] The Chaco War (1932–1935) between Bolivia and Paraguay further illustrated 20th-century interstate strife over suspected hydrocarbon resources. The arid Gran Chaco region, spanning roughly 250,000 square miles, was believed to hold vast oil reserves—Bolivia's motivations stemmed from its need to fuel tin mining (which comprised 70% of its exports) and urban expansion, while foreign firms like Standard Oil backed Bolivian claims and Shell supported Paraguay, turning the conflict into a proxy for petroleum interests despite no commercially viable oil being discovered until decades later.^[24]^[25] The war caused over 100,000 deaths from combat, disease, and thirst in brutal conditions, with Paraguay ultimately gaining most of the territory via the 1938 treaty, though resource scarcity myths persisted as causal despite empirical absence of oil driving immediate escalation.^[26] In World War II, resource imperatives prominently shaped interstate aggression, particularly Japan's expansion into Southeast Asia for oil, rubber, and metals following the 1941 U.S. embargo that cut off 80% of its petroleum imports, and Germany's Operation Barbarossa (1941) targeting Soviet Ukraine's grain (producing 40% of USSR wheat) and Caucasus oil fields to alleviate Reich shortages exceeding 70% of needs.^[3] These drives compounded ideological and territorial aims but were causally critical, as Axis powers' prewar resource dependencies—Japan's lack of domestic oil and Germany's synthetic fuel limitations—necessitated conquest for sustained mechanized warfare, contributing to over 70 million total deaths.^[27] Empirical analyses confirm such scarcity pressures amplified conflict probability when states possessed or coveted extractable assets, though broader alliances and revanchism intertwined. The Opium Wars (First: 1839–1842; Second: 1856–1860) between Britain (allied with France in the latter) and Qing China highlighted commodity trade as a resource vector, with Britain's export of Indian opium reversing a $16 million annual silver drain to China by addicting 10–12 million users and generating £4–5 million in profits by 1838.^[28] Chinese suppression prompted naval intervention, yielding unequal treaties ceding Hong Kong and opening ports, but causal realism underscores trade imbalance over moral opium opposition as primary, with resource flows (silver as monetary base) dictating escalation rather than the narcotic itself.^[29]^[30]

Chincha Islands War as Archetype

The Chincha Islands War (1864–1866) exemplifies an early resource-driven conflict, where Spain's occupation of Peru's guano-rich Chincha Islands triggered hostilities with Peru and its allies, primarily over economic control of the fertilizer export trade. Guano, accumulated seabird droppings, had become Peru's primary revenue source by the mid-19th century, with exports peaking at over 700,000 tons annually in the 1870s, generating up to 60% of government income and fueling a trade worth millions in British pounds.^[31] On April 14, 1864, a Spanish squadron under Admiral José Manuel de la Pezuela seized the islands, halting guano extraction and shipments to pressure Peru into settling outstanding debts from its 1821 independence and addressing grievances against Spanish residents.^[32] This action crippled Peru's economy, as the islands produced the bulk of the nation's guano supply, underscoring how resource dependency amplified vulnerability to external coercion.^[33] Spain's strategy combined imperial reassertion with pragmatic resource leverage, blockading Peruvian ports and demanding indemnities equivalent to lost guano revenues, estimated in the hundreds of thousands of pesos monthly. Peru, under President Juan Antonio Pezet, initially sought negotiation but faced domestic unrest, leading to a coup by General Mariano Ignacio Prado in late 1865; Prado declared war on Spain in January 1866.^[34] Chile joined Peru in September 1865, fearing Spanish expansionism, followed by Ecuador, Bolivia, and loose support from others, forming a coalition motivated by shared anti-colonial sentiment and protection of regional trade interests tied to guano markets.^[35] Naval clashes ensued, including the allied victory at Abtao on February 7, 1866, but Spain's superior fleet bombarded Valparaiso on March 31, 1866, destroying Chilean shipping, and Callao on May 2, 1866, though with limited strategic gains due to ironclad defenses.^[36] The war's resource-centric nature is evident in its tactics: Spain extracted guano during occupation to offset costs, while Peru's allies prioritized disrupting Spanish access to Pacific resupply, highlighting how scarcity of naval bases intertwined with resource stakes.^[37] No decisive land battles occurred, and logistical strains—Spain's fleet suffering from scurvy and supply shortages—led to a de facto armistice by 1868, formalized in peace treaties from 1879 to 1883 restoring the status quo ante without territorial changes.^[34] Casualties totaled around 1,000, mostly from disease, with Spain withdrawing after failing to achieve broader reconquest.^[32] As an archetype of resource wars, the conflict illustrates causal dynamics where economic incentives from a high-value, depletable commodity—guano deposits were finite, exhausted by the 1870s—drove interstate aggression, distinct from pure territorial disputes.^[31] Unlike broader imperial ambitions, Spain's focus on guano islands as bargaining chips demonstrated how control over exportable natural assets could proxy for power projection, prefiguring later struggles over oil or minerals. Regional alliances formed not ideologically but to safeguard interdependent economies reliant on guano-fueled agricultural booms in Europe and the U.S.^[33] The war's escalation from diplomatic incident to coalition blockade reveals abundance effects: guano's temporary glut masked underlying rivalries over distribution rights, echoing patterns where resource rents incentivize conflict without inherent scarcity.^[35] This episode, often termed the "guano war," remains a singular case of fertilizer as casus belli, emphasizing empirical drivers like trade monopolies over mythic resource curses.^[38]

Causal Drivers

Geopolitical Competition and Power Projection

Geopolitical competition incentivizes states to pursue control over natural resources as a means of enhancing military capabilities, economic resilience, and influence over rivals, often escalating tensions into armed conflict when access is contested. In environments of strategic rivalry, resource acquisition supports power projection by enabling sustained operations, funding defense expenditures, and denying adversaries essential materials, as evidenced by analyses of interstate dynamics where proximity to resources correlates with militarized disputes.^[39] This driver transcends mere economic gain, rooted in the causal imperative to secure supply chains against disruption, particularly for energy and critical minerals vital to modern weaponry and infrastructure. Empirical data from global risk assessments highlight how such rivalries, intensified by energy transitions, project demand for minerals like lithium and cobalt to quadruple by 2040, fostering bloc formations among resource-rich and -poor nations.^[40]^[41] Historically, resource control has directly fueled geopolitical strategies in major wars, as seen in Imperial Japan's 1941 invasion of Southeast Asia to seize oil fields in the Dutch East Indies and Borneo, addressing a severe domestic shortfall of just 10% self-sufficiency in petroleum that threatened its naval and air forces.^[42] Similarly, Nazi Germany's 1942 drive toward the Caucasus aimed at capturing Baku's oil production, which accounted for 80% of Soviet output, to offset its own resource constraints and prolong the Eastern Front campaign. These cases illustrate how scarcity of strategic commodities compels expansionist policies, transforming economic vulnerabilities into casus belli for power projection. In the post-World War II era, the United States formalized resource security in the Middle East through the 1945 Quincy Pact with Saudi Arabia, exchanging military protection against regional threats for stable oil supplies, which underpinned U.S. global deployments by ensuring access to reserves comprising over 50% of proven global stocks at the time.^[43]^[44] Contemporary examples underscore ongoing escalation risks, with China's dominance in rare earth elements—controlling 70% of mining and 90% of processing—serving as a tool for geopolitical leverage, as demonstrated by export restrictions imposed in April 2025 on seven elements and magnets, disrupting U.S. defense supply chains in response to Western technology curbs.^[45]^[46] Russia, meanwhile, has prioritized Arctic militarization to safeguard hydrocarbon reserves estimated at 13% of global undiscovered oil and 30% of gas, reopening Soviet-era bases and deploying nuclear submarines since 2014, with intensified efforts post-2022 Ukraine invasion to project dominance amid NATO expansion.^[47]^[48] Such maneuvers reflect a realist calculus where resource enclaves become fortified against encirclement, potentially precipitating hybrid conflicts or territorial disputes as competitors like the U.S. and allies counter with their own strategies, including enhanced naval patrols. While outright interstate wars remain rare due to mutual deterrence, these competitions manifest in proxy engagements and sanctions, perpetuating a cycle where resource denial amplifies broader power struggles.^[49]

Economic Incentives and Market Dynamics

Economic incentives in resource wars stem from the capacity of belligerents to capture and monetize valuable natural resources, particularly when global market prices amplify their rents. High commodity prices increase the opportunity cost of peaceful extraction versus forcible seizure, motivating state and non-state actors to initiate or prolong conflicts to secure control over deposits or production sites. For instance, in civil wars, rebel groups often target "lootable" resources like alluvial diamonds or timber, where rents can finance up to 20-50% of operational costs in cases such as Sierra Leone's Revolutionary United Front, which derived significant revenue from diamond smuggling during the 1991-2002 war.^[50]^[51] Market dynamics further exacerbate these incentives through supply concentration and demand inelasticity. Theoretical models demonstrate that for resources with low demand elasticity, such as oil, rising scarcity or extraction costs can escalate war probabilities over time, as the value of preemptive control outweighs diplomatic alternatives; Acemoglu et al. identify this dynamic in a game-theoretic framework where inelastic demand generates negative externalities, rendering war increasingly rational as stocks deplete. Empirically, commodity price shocks correlate with conflict onset for point-source resources: in Colombia, a 10% oil price increase raised violence by 0.5-1% in oil-rich municipalities from 1988-2003, as expanded rents bolstered insurgent financing without corresponding labor market absorption.^[51] Conversely, price surges in labor-intensive exports like coffee reduce conflict by elevating civilian wages and opportunity costs, highlighting how resource type mediates market-driven incentives.^[52] Interstate resource wars exhibit similar patterns, often triggered by monopolistic controls amid booming demand. The 1864-1866 Chincha Islands War arose from Spain's blockade of Peruvian guano islands, a response to Peru's post-independence appropriation of deposits that supplied 60-70% of global fertilizer markets, where prices had quadrupled from 1840 to 1850 due to agricultural intensification in Europe and the U.S.^[53] This conflict archetype illustrates how market-driven value concentration—guano's near-monopoly status—prompts great power intervention to avert supply disruptions, a dynamic echoed in 20th-century oil embargoes that precipitated escalations like Japan's 1941 Pacific expansion following U.S. restrictions.^[54] Modern analogs include potential flashpoints over rare earth elements, where China's 90% processing dominance has prompted U.S. policy shifts toward diversification, though direct conflict remains hypothetical absent acute price shocks. Overall, while abundance effects can mitigate scarcity-driven clashes, elevated prices consistently heighten the economic calculus favoring aggression in weakly governed resource peripheries.^[6]

Scarcity Myths vs. Abundance Effects

The prevailing narrative that resource wars stem from absolute scarcity—such as impending depletion of vital commodities driving states to arms—has been largely debunked by historical and empirical analysis. Interstate conflicts explicitly over scarce resources remain exceedingly rare; for example, no modern war has been fought solely over water shortages, despite predictions of "water wars" amid population growth and climate variability.^[55] ^[56] Over 3,600 international water agreements have been signed since 805 AD, fostering cooperation even in arid regions like the Nile and Jordan basins, where scarcity exists but violence is absent.^[57] This scarcity thesis, often amplified in academic and media discourse, overlooks institutional factors and human adaptability, with studies showing that resource stress more frequently leads to diplomatic resolutions than aggression.^[58] In opposition, resource abundance, particularly of point-source commodities like oil, diamonds, and minerals, demonstrably heightens the risk of civil wars and intrastate violence by providing extractable rents that finance prolonged fighting. Countries deriving more than one-third of GDP from such resources exhibit roughly double the civil conflict incidence compared to non-resource-dependent economies, as abundance enables rebel groups to self-fund through looting or smuggling without needing popular support.^[13] For instance, Angola's civil war (1975–2002) persisted due to diamond revenues exceeding $3.7 billion annually by the 1990s, sustaining UNITA rebels independently of external aid.^[59] Meta-analyses confirm this "greed" mechanism over "grievance" from scarcity, with resource-dependent states facing elevated conflict onset probabilities, though abundance alone does not initiate wars—poverty and weak governance amplify the effect.^[6] ^[60] Abundance further entrenches rentier states, where governments rely on resource windfalls rather than taxation, eroding accountability and incentivizing elite predation over inclusive growth. This dynamic, observed in OPEC nations, correlates with authoritarianism and militarization; oil-exporting states post-1973 boom experienced heightened internal instability, as rents decoupled rulers from citizens, funding security forces to suppress dissent.^[13] Empirical models, controlling for variables like democracy and income, indicate that a 10% increase in resource rents raises civil war risk by up to 20% in low-income settings.^[61] Conversely, diffuse resources like agriculture often mitigate conflict by promoting broad-based employment and reducing inequality, underscoring that abundance's conflict effects hinge on resource type and institutional capture rather than mere volume.^[6] Critiques of the abundance-conflict link note mixed evidence for direct causation, with some datasets showing resource wealth stabilizing post-conflict environments when managed transparently, as in Botswana's diamond sector yielding sustained peace since 1966.^[62] Nonetheless, the scarcity myth persists in policy circles, potentially diverting attention from governance failures that turn abundance into a curse; for example, sub-Saharan Africa's resource booms since the 2000s have coincided with over 20 new insurgencies tied to mineral control, not depletion.^[59] This pattern aligns with first-principles observation: valuable, lootsable assets invite predation in fragile states, while true scarcity prompts innovation or substitution, as seen in global oil production rising 50% since 2000 despite reserve concerns.^[1]

Key Resource Types

Energy Resources

Energy resources, encompassing petroleum, natural gas, and to a lesser extent coal, have frequently served as strategic assets in interstate conflicts, enabling military mobility, industrial output, and economic leverage rather than purely as commodities for scarcity-driven wars. Control over these resources often aligns with geopolitical ambitions, where denial to adversaries or securing supply lines amplifies power projection capabilities. Empirical analyses indicate that 25% to 50% of interstate wars since 1973 involved oil interests, though causal attribution requires distinguishing direct resource seizures from broader security dilemmas exacerbated by energy dependence.^[63]^[64] In World War II, oil's indispensability shaped operational strategies across theaters, with Axis powers' deficiencies prompting territorial expansions—Japan's 1941 invasion of Dutch East Indies targeted reserves supplying 10% of global output, while Germany's synthetic fuel production peaked at 6.5 million tons annually before Allied bombing reduced it by over 90% by 1944. Allied campaigns prioritized oil infrastructure, such as the RAF and USAAF's sustained attacks on Romanian fields (Ploiești) and German hydrogenation plants, which curtailed Luftwaffe operations by limiting high-octane aviation fuel to below 20% of pre-war levels. U.S. production surged from 3.7 million barrels per day in 1940 to 4.7 million by 1945, underscoring how domestic abundance offset import vulnerabilities and sustained mechanized warfare.^[65]^[66]^[67] Postwar Middle Eastern conflicts exemplify oil's role in market control and territorial disputes. The 1980-1988 Iran-Iraq War involved attacks on oil facilities, with Iraq targeting Iran's Kharg Island terminal (handling 90% of exports) and Iran striking Iraqi Gulf tankers, reducing combined exports by over 50% at peak and contributing to $500 billion in damages. Iraq's 1990 invasion of Kuwait stemmed from economic pressures post-Iran-Iraq War, including $80 billion in debts and allegations of Kuwaiti overproduction (exceeding OPEC quotas by 500,000 barrels daily) that depressed prices to $10 per barrel, alongside claims of slant-drilling into Iraq's Rumaila field. Iraq sought to annex Kuwait's 100 billion barrels of reserves—10% of global total—to bolster its position as a swing producer, though U.S. Ambassador April Glaspie's July 25, 1990, meeting with Saddam Hussein signaled non-intervention in Arab disputes, removing a perceived deterrent. The subsequent Gulf War saw Iraq ignite 700 Kuwaiti wells, releasing 6 million barrels of crude and forming oil lakes covering 50 square kilometers, as a scorched-earth tactic.^[68]^[69]^[70] Natural gas disputes highlight pipeline geopolitics and transit dependencies, particularly in Eurasia. Russia-Ukraine gas conflicts, recurring since 1991, escalated in 2005-2009 over pricing, with Russia cutting supplies (e.g., 25% reduction in January 2006 affecting 18 European countries) amid Ukraine's refusal to pay market rates post-subsidized deals, leading to $2.5 billion in transit losses. The 2022 Russian invasion enabled control over Ukraine's Dnieper-Donetsk basin, holding 80% of its gas reserves, while strikes on Naftogaz facilities in March 2025 targeted 20% of Ukraine's storage capacity. These actions reflect efforts to reroute exports via Nord Stream pipelines, bypassing Ukraine and securing leverage over Europe's 40% reliance on Russian gas pre-2022, though trade interdependence has empirically reduced conflict initiation risks more than oil dependence.^[71]^[72]^[73] Causal factors in energy-related conflicts transcend scarcity, as technological advances like fracking have expanded reserves—global recoverable oil rose 50% since 2000—yet vulnerabilities persist from concentrated production (e.g., 80% of oil exports from the Persian Gulf) and chokepoints like the Strait of Hormuz (20 million barrels daily transit). Resource abundance can incentivize aggression by funding militaries (petro-states allocate 40-60% of budgets to arms) or provoke preemptive strikes to avert embargoes, as in the 1973 OPEC embargo halving Arab oil exports to the West in retaliation for the Yom Kippur War. Frameworks linking energy systems to war risk emphasize mismatches between domestic supply and demand, coupled with external dependencies, over absolute depletion myths.^[63]^[74]^[75]

Critical Minerals and Metals

Critical minerals and metals refer to non-fuel commodities essential for advanced technologies, including electric vehicle batteries, renewable energy systems, semiconductors, and military applications, with supply vulnerabilities arising primarily from concentrated processing and geopolitical control rather than geological scarcity. The U.S. Geological Survey's draft 2025 list identifies 54 such minerals, including lithium, cobalt, nickel, graphite, and the rare earth elements group (17 metals like neodymium and dysprosium used in permanent magnets for motors and electronics).^[76] Global reserves are substantial—estimated at over 98 million metric tons for lithium and 8.3 million for cobalt—but extraction and refining are dominated by a few nations, creating leverage points in international relations.^[77] Demand surges from the energy transition, projected by the International Renewable Energy Agency to multiply fivefold for cobalt and tripling for lithium by 2040, amplify these risks without evidence of imminent depletion.^[49] In conflict zones, these minerals sustain non-state actors and proxy dynamics rather than sparking interstate invasions. The Democratic Republic of Congo supplies 76% of global cobalt output as of 2024, with artisanal and small-scale mining in eastern Ituri and Kivu provinces—producing 15-30% of the total—directly funding militias like the M23 rebels through extortion and smuggling, perpetuating cycles of violence that displaced over 1.7 million people in 2022-2023.^[78] ^[79] Chinese state-owned enterprises control 80% of DRC's industrial cobalt production, channeling revenues into infrastructure deals but enabling forced labor and environmental degradation, as documented in U.S. Department of Labor reports on child mining involvement affecting up to 40,000 workers. ^[80] Similar patterns occur with coltan (tantalum ore for capacitors), where Rwanda-backed groups export over $1 billion annually from DRC mines since 2022, financing hybrid warfare amid UN-documented cross-border flows.^[78] Rare earth elements exemplify state-orchestrated supply weaponization, with China processing 87% of global output and imposing export curbs—such as the October 2025 suspension on magnets containing rare earths amid U.S. tariffs—threatening disruptions to F-35 jets and missile systems reliant on these materials for 80% of U.S. sourcing.^[81] ^[82] Earlier restrictions in 2010 prompted a WTO ruling against China, yet processing dominance persists due to environmental costs deterring diversification, with U.S. efforts like the Defense Production Act yielding only 15% domestic capacity by 2025.^[83] Lithium extraction in the Lithium Triangle—encompassing Argentina (21% of reserves), Bolivia (23%), and Chile (9%)—fuels resource nationalism and localized unrest, including 2023-2024 protests in Argentina's Jujuy province over water diversion for brine evaporation, which consumes 15-65 gallons per kilogram of lithium hydroxide and strains arid aquifers.^[84] ^[85] Bolivia's state monopoly under YLB has stalled foreign partnerships, exporting just 600 tons in 2023 versus Chile's 44,000 tons, while indigenous communities report unfulfilled revenue-sharing promises, escalating tensions without interstate conflict but hindering supply growth.^[86] ^[87] These cases highlight causal links where mineral rents—estimated at $24 billion for DRC cobalt and coltan in 2022—prolong insurgencies and invite great-power meddling, yet empirical analyses from the Stockholm International Peace Research Institute indicate that diversified end-use demands and recycling (recovering 1% of cobalt currently) mitigate war risks more than hoarding reserves.^[88] ^[89]

Water and Land Resources

Conflicts over water resources have historically been infrequent and rarely escalated to full-scale interstate wars, contrary to scarcity-driven predictions prevalent in environmental security literature. The earliest documented inter-state water conflict occurred between the Sumerian city-states of Lagash and Umma around 2500 BC, involving disputes over irrigation canals from the Tigris River, but such instances remain exceptional.^[90] In the 20th and 21st centuries, transboundary basins like the Nile, where Ethiopia's Grand Ethiopian Renaissance Dam (GERD) construction since 2011 has heightened tensions with downstream Egypt and Sudan, have prompted diplomatic negotiations and threats but no military action as of 2025.^[91] Similarly, the 1990s Euphrates-Tigris disputes between Turkey, Syria, and Iraq over dam projects led to verbal escalations but were managed through ad hoc agreements rather than invasion. Empirical datasets, such as the Pacific Institute's Water Conflict Chronology tracking over 2,600 events since 2500 BC, classify most water-related incidents as non-violent or involving infrastructure sabotage during broader wars, with outright resource-motivated wars numbering fewer than five globally.^[91] Academic analyses underscore that water scarcity correlates weakly with violent conflict onset, often serving as a magnifier of pre-existing geopolitical or ethnic rivalries rather than a root cause. A meta-review of studies finds no robust linear link between hydrological stress and interstate war, attributing higher cooperation rates—over 3,600 international water treaties signed since 805 AD—to mutual interdependence in shared basins. For instance, despite four wars since 1947, the 1960 Indus Waters Treaty has allocated river flows between India and Pakistan, enabling agricultural stability for 300 million people amid population growth from 400 million to over 1.6 billion in the basin. Local-level violence, such as Yemen's 2010s tribal clashes over aquifers depleted by 130% of recharge rates, or Mexico's 2021 La Boquilla Dam protests turning deadly, illustrates intra-state friction but lacks evidence of sparking broader resource wars. Critiques of scarcity narratives, including those from scholars like Jan Selby, highlight how institutional hydro-hegemony—upstream control without force—prevails, with scant data supporting predictions of future "water wars" absent governance collapse.^[92]^[58]^[93] Land resources, encompassing arable soil and pasture, more frequently underpin intrastate civil conflicts than interstate ones, particularly in agrarian economies facing degradation and demographic pressures. In the Sahel region of Africa, farmer-herder disputes over shrinking viable land—exacerbated by desertification advancing 1-10 km annually in parts of Mali and Niger—have fueled violence claiming over 15,000 lives since 2010, as nomadic groups like Fulani herders compete with sedentary farmers amid a population doubling to 100 million in two decades. However, econometric models analyzing 150+ countries from 1970-2000 reveal that land scarcity elevates civil war risk by only 0.1-0.5% per standard deviation increase in degradation, dwarfed by factors like ethnic fractionalization and weak property rights. Historical precedents, such as the 1994 Rwandan genocide partly linked to land pressure on 90% arable coverage for 7 million people, involved resource motives but were causally dominated by political mobilization and historical grievances, not pure scarcity. Interstate land grabs, like Iraq's 1990 Kuwait invasion justified partly by access to fertile Mesopotamian plains, integrated resource claims into territorial ambitions but did not sustain as primary drivers post-conflict.^[94]^[6] Overall, both water and land disputes exhibit abundance effects through technological adaptation—drip irrigation boosting Israel's yields by 300% since 1960 despite chronic aridity, or no-till farming expanding global cropland efficiency—undermining deterministic scarcity models. Resource abundance analyses, rather than pure depletion, better predict conflict geography, with fertile land hotspots aligning more with political economy incentives than hydrological limits. This pattern holds in ongoing cases, such as Ukraine's black soil belt (world's 25% most fertile) targeted in Russia's 2022 invasion, where agricultural output—10% of global wheat pre-war—served strategic denial over direct causation.^[11]

Major Historical and Ongoing Examples

Conflict-Financed Civil Wars

Conflict-financed civil wars occur when non-state actors, such as rebel groups or militias, exploit natural resources to generate revenue for arms procurement, recruitment, and operations, thereby sustaining or intensifying internal conflicts. This dynamic often involves the capture of resource-rich territories, illicit extraction, and smuggling networks that bypass government control, allowing factions to operate independently of external patrons. Empirical studies indicate that such financing prolongs wars by providing rebels with steady income streams, estimated in billions for major cases, though resources rarely initiate conflicts but amplify grievances over control and distribution.^[95]^[96] In Sierra Leone's civil war (1991–2002), the Revolutionary United Front (RUF) derived substantial funding from alluvial diamond mining in eastern districts like Kono, smuggling rough diamonds through Liberia to international markets. The group reportedly generated $25 million to $125 million annually from diamond sales during the conflict's peak, using proceeds to purchase weapons and sustain atrocities including amputations and child soldier recruitment. United Nations sanctions in 2000 targeted these "blood diamonds," prohibiting imports of uncertified Sierra Leonean rough diamonds to curb rebel financing, though enforcement challenges persisted due to porous borders and complicit traders.^[97]^[98] Angola's civil war (1975–2002) exemplified diamond-funded insurgency by the National Union for the Total Independence of Angola (UNITA), which controlled Lunda Norte and Lunda Sul provinces' kimberlite and alluvial deposits. UNITA illicitly exported diamonds valued at least at $3.72 billion from 1992 to 1998, trading them for arms via networks in Europe and Africa despite UN embargoes imposed in 1998. This revenue enabled UNITA to regroup after failed peace accords, prolonging the war until leader Jonas Savimbi's death in 2002; the government, conversely, relied on offshore oil revenues exceeding $1 billion annually by the late 1990s to fund its military.^[99]^[100] The Democratic Republic of the Congo (DRC)'s eastern conflicts, ongoing since the 1990s and intensifying post-2011, feature militias financing operations through coltan, gold, and cassiterite extraction in North Kivu and Ituri provinces. Groups like the M23 rebels have seized coltan mines—key for tantalum in electronics—generating millions in smuggling revenues routed through Rwanda and Uganda, with coltan alone funding initial budgets for some factions in the early 2000s. Gold panning sites yield up to $100,000 daily for armed groups, sustaining over 100 militias amid displacement of millions; a 2023 estimate linked mineral access to over 3,000 deaths in under two years of escalated fighting.^[101]^[102]^[103] Libya's post-2011 civil wars (2014–2020 phase) saw factions vie for oil fields and export terminals, with groups like the Libyan National Army under Khalifa Haftar blockading facilities to pressure rivals, disrupting production that constitutes over 95% of export revenues. Control of facilities such as Sharara yielded billions in contested funds, enabling militia sustenance through illicit sales and barter schemes, though inconsistent output—dropping to fractions of 1.6 million barrels per day pre-war capacity—reflected divided governance rather than pure extraction financing.^[104]^[105] These cases highlight how resource lootability—ease of extraction without heavy capital—favors mobile rebels over states, per analyses of 13 conflicts showing non-separatist wars most susceptible to such financing. International mechanisms like the Kimberley Process Certification Scheme, established in 2003, reduced conflict diamond flows by over 90% in compliant zones but faced criticism for lax verification in DRC and Angola.^[106]^[96]

Interstate Resource Seizures

Interstate resource seizures occur when one sovereign state employs military force to annex or directly control resource deposits belonging to another state, typically targeting commodities essential for economic survival or military sustainment. These actions contrast with broader territorial conquests by prioritizing extractable assets like minerals, energy, or fertilizers, often justified through historical claims, border disputes, or economic grievances. Empirical analyses indicate such seizures frequently stem from acute shortages or strategic imperatives, though they risk international isolation and retaliation.^[107] A prominent 19th-century case was the Chincha Islands War (1864–1866), where Spain seized Peru's Chincha Islands to extract guano, a bird manure fertilizer that accounted for over 50% of Peru's annual budget through exports. Spanish forces under Admiral Juan Manuel de la Pezuela occupied the islands on April 14, 1864, deposing Peruvian authorities and initiating blockades, prompting Peru to ally with Chile, Ecuador, and Bolivia in resistance that inflicted naval defeats on Spain, including at the Battle of Abtao and Papudo. The conflict ended without Spanish resource gains, highlighting the limits of naval power projection against coalitions defending export revenues.^[34]^[108] In World War II, Nazi Germany's Operation Barbarossa invasion of the Soviet Union on June 22, 1941, targeted Caucasian oil fields to alleviate chronic petroleum shortages crippling the Wehrmacht's mechanized forces, which relied on synthetic fuels and limited Romanian supplies insufficient for sustained operations. Hitler explicitly prioritized Ukraine's agricultural output and Baku's oil production, estimated at 80% of Soviet supply, to fuel prolonged warfare against Britain and potential U.S. involvement, though logistical failures and Soviet defenses prevented seizure. This campaign exemplified how resource imperatives could override ideological alliances, as pre-invasion German-Soviet pacts had secured raw materials but failed to meet escalating demands.^[109]^[110] The 1990 Iraqi invasion of Kuwait represented a modern oil-driven seizure, with Saddam Hussein's forces overrunning Kuwait on August 2 to annex its 100 billion barrels of reserves—roughly 10% of global proven supplies—and erase $14 billion in war debts from the Iran-Iraq conflict (1980–1988). Iraq accused Kuwait of slant-drilling into its Rumaila field and overproducing to depress prices, but the annexation as Iraq's "19th province" aimed at controlling output to stabilize Baghdad's economy, which derived 90% of revenues from petroleum. A U.S.-led coalition expelled Iraqi troops by February 1991 under UN mandates, underscoring how resource grabs invite multilateral intervention when threatening global markets.^[69]^[111] Russia's 2014 annexation of Crimea included seizure of Ukraine's Black Sea offshore gas fields, estimated at 4–13 trillion cubic meters of natural gas and associated oil, operated by subsidiaries of state firm Naftogaz. Russian forces, following a disputed referendum on March 16, 2014, expropriated assets like the Chornomornaftogaz company, denying Ukraine access to deposits vital for energy independence amid declining domestic production. This move bolstered Russia's regional energy dominance while isolating Crimea economically, with production redirected to serve annexed territories rather than Kyiv's grid.^[112]^[113] These instances reveal patterns where aggressors underestimate defensive coalitions or overextend supply lines, often leading to pyrrhic outcomes despite initial tactical successes. Resource seizures persist as a tool in hybrid warfare, blending military occupation with legal pretexts, but global interdependence via trade and sanctions increasingly deters outright annexations.^[107]

Proxy and Hybrid Conflicts

Proxy conflicts involve major powers supporting local combatants or governments in resource-rich regions to secure access to commodities like oil, minerals, and timber without risking direct confrontation, often funding insurgencies or regimes through arms, training, and logistics.^[114] During the Cold War, such dynamics were evident in Angola's civil war (1975–2002), where the Soviet Union and Cuba backed the MPLA government, which controlled key oil fields and diamond mines, while the United States and South Africa supported UNITA rebels seeking to exploit those same resources to sustain their operations.^[115] Control over Angola's offshore oil production, which generated billions in revenue, directly prolonged the conflict as factions used resource rents to purchase weapons and recruit fighters, illustrating how commodities finance proxy engagements.^[116] In post-Cold War Africa, proxy involvement has shifted toward private military companies (PMCs) acting as state proxies to extract minerals in exchange for security services. Russia's Wagner Group, deployed since 2017 in the Central African Republic (CAR), protected the government against rebels while securing concessions for gold and diamond mining, with operations generating an estimated $2.5 billion annually for Moscow-aligned entities through resource-backed deals.^[117] Similar patterns emerged in Sudan, where Wagner supported the Rapid Support Forces in gold-rich areas from 2017 onward, extracting over 10 tons of gold yearly to fund Russian military efforts elsewhere, including in Ukraine.^[118] These arrangements exemplify proxy resource wars, as Wagner's 1,000–2,000 mercenaries enabled local allies to dominate mining sites amid civil strife, bypassing Western sanctions on direct Russian involvement.^[119] Hybrid conflicts extend proxy tactics by integrating conventional combat with unconventional tools like disinformation, cyber operations, and economic coercion to control resource flows. In the Sahel region, Russia's Africa Corps—Wagner's successor post-2023—has combined mercenary deployments in Mali and Niger with propaganda narratives portraying Western partners as exploitative, facilitating coups and resource-for-security pacts that yield uranium and gold concessions.^[120] For instance, in Mali since 2021, Russian forces have conducted joint operations against jihadist groups near artisanal gold mines, which produce 70 tons annually, while embedding economic advisors to redirect exports away from European buyers.^[121] This multifaceted approach undermines rivals' influence over critical minerals essential for batteries and electronics, blending kinetic strikes with information campaigns to legitimize resource grabs under the guise of counterterrorism.^[122] In the Democratic Republic of Congo (DRC), hybrid elements amplify proxy dynamics among neighboring states and non-state actors vying for coltan, cobalt, and gold deposits worth over $24 billion yearly. Rwanda-backed M23 rebels, active since 2021, have seized eastern mining areas, exporting minerals through proxy networks while denying direct involvement, as evidenced by UN reports tracking illicit flows funding armament.^[123] Uganda similarly supports factions extracting timber and gold, integrating smuggling with local alliances to evade sanctions, which sustains low-intensity warfare and fragments governance over 70% of global cobalt supply.^[124] These conflicts demonstrate hybridity through the fusion of armed incursions, illicit trade, and diplomatic denials, where resource control incentivizes sustained proxy meddling despite international peace efforts.^[125]

Modern Geopolitical Dynamics

US-China Rivalry over Rare Earths

China dominates global production of rare earth elements (REEs), essential for high-tech applications including electric vehicles, wind turbines, defense systems, and semiconductors, accounting for approximately 68% of mine production in 2023 with an output of 240,000 tonnes out of a global total exceeding 350,000 tonnes.^[126] The United States, which relies on imports for nearly all its REE needs, sourced 70% of its rare earth compounds and metals from China between 2020 and 2023, exposing vulnerabilities in supply chains critical to national security, such as components in F-35 fighter jets and precision-guided munitions.^[127] This imbalance stems from China's state-subsidized expansion in the 1990s and 2000s, which undercut competitors through low prices and lax environmental regulations, leading to the closure of major Western mines like the U.S.'s Mountain Pass facility in 2002.^[128] A pivotal event highlighting China's willingness to weaponize REEs occurred in September 2010, when Beijing unofficially halted exports to Japan amid a territorial dispute over the Senkaku/Diaoyu Islands, causing global prices to spike by over 500% in subsequent months and prompting international alarm.^[129] Although China denied a formal ban, the two-month disruption demonstrated REEs' strategic leverage, as Japan depended on China for 90% of its supply at the time.^[130] In response, the U.S., European Union, and Japan filed complaints with the World Trade Organization (WTO) in 2012, culminating in a 2014 ruling that China's export quotas and restrictions violated trade rules, forcing Beijing to eliminate quotas by 2015 but not addressing underlying production dominance.^[131] The U.S. has pursued diversification since the mid-2010s, restarting operations at Mountain Pass—the only active U.S. REE mine—through MP Materials, which produced 43,000 metric tons of REE concentrate in 2023, representing about 12% of global output.^[132] Legislative measures include the 2020 National Defense Authorization Act invoking the Defense Production Act to fund domestic processing, and the 2022 Inflation Reduction Act allocating billions for critical mineral supply chains, alongside partnerships with allies like Australia's Lynas Rare Earths for non-Chinese separation facilities.^[133] By 2025, the Pentagon set a goal to eliminate reliance on Chinese REEs for defense by 2027, though challenges persist due to China's control over 90% of global refining capacity and recent export licensing requirements imposed in April 2025 amid escalating U.S.-China trade tensions.^[134]^[135] Despite these efforts, experts assess that breaking China's near-monopoly will require at least a decade, given the capital-intensive nature of REE extraction and processing, environmental hurdles, and Beijing's retaliatory measures, such as 2025 restrictions on seven REEs in response to U.S. tariffs.^[136] The rivalry underscores REEs as a flashpoint in broader U.S.-China competition, where supply disruptions could cascade into economic and military setbacks, prompting calls for stockpiling and international alliances like the Minerals Security Partnership to secure alternative sources from Canada, Greenland, and Vietnam.^[81]^[137]

Post-2020 Resource Disruptions

The COVID-19 pandemic, beginning in early 2020, initiated widespread supply chain disruptions that exposed vulnerabilities in global resource flows, particularly for critical minerals and semiconductors, as factory shutdowns in China and demand surges for electronics strained production networks.^[138] Sectors reliant on intermediate imports from China, such as battery materials and rare earth processing, saw production declines of up to 20-30% in affected industries during 2020-2021.^[139] These interruptions were compounded by logistical bottlenecks, including port delays and container shortages, which elevated prices for commodities like lithium and cobalt essential for electric vehicle batteries.^[140] The 2021 global semiconductor shortage intensified these strains, driven by pandemic-induced demand for consumer electronics and automotive chips alongside supply constraints from Taiwan and South Korea, where over 90% of advanced chip fabrication occurs.^[141] Geopolitical frictions, including U.S. export restrictions on technology to China implemented in 2020, further hampered recovery, leading to automotive production halts totaling millions of vehicles worldwide and price increases of 20-50% for chips.^[142] This shortage highlighted dependencies on concentrated production hubs vulnerable to both health crises and escalating U.S.-China rivalry over technology supply chains.^[143] Russia's full-scale invasion of Ukraine on February 24, 2022, triggered acute disruptions in energy and agricultural resources, as Ukraine and Russia together accounted for 27% of global wheat exports and 15% of natural gas supplies to Europe pre-war.^[144] The Russian naval blockade of Ukraine's Black Sea ports reduced grain shipments by over 60% initially, contributing to a 50% surge in global wheat prices by mid-2022 and exacerbating food insecurity in import-dependent regions like Africa and the Middle East.^[145] ^[146] In energy markets, Europe's cutoff from Russian pipeline gas—previously supplying 40% of EU needs—drove natural gas prices to peak at €340 per megawatt-hour in August 2022, prompting a scramble for liquefied natural gas (LNG) imports that strained global terminals and elevated U.S. LNG exports by 50%.^[147] Western sanctions on Russian oil and coal, including a G7 price cap implemented in December 2022, further redirected flows but increased shipping risks in the Black Sea.^[148] China's dominance in rare earth elements, controlling 60% of mining and 85% of refining as of 2023, has fueled ongoing disruptions amid U.S.-China tensions, with export quotas and restrictions tightened in response to Western sanctions.^[149] In 2023, China's rare earth production quotas rose 14% year-over-year but remained below demand, sustaining price volatility for elements critical to magnets and defense applications.^[150] By October 2025, Beijing expanded controls on five additional rare earths and imposed scrutiny on semiconductor end-users, causing export plummets and surges in European magnet prices, which disrupted automakers like BMW and Ford.^[151] ^[152] These measures, echoing 2010 export halts, underscore weaponization risks in supply chains, prompting U.S. efforts to diversify via the 2022 Inflation Reduction Act subsidies for domestic processing.^[153] Such disruptions have collectively elevated inflation by 1-2 percentage points in affected economies through 2023, per econometric models linking supply shocks to producer prices.^[154]

Debates and Critiques

Empirical Evidence on Resource Causality

Empirical analyses of resource causality in conflicts distinguish between abundance-driven "greed" motives, where lootable resources like oil or diamonds fund rebellions, and scarcity-induced "grievance" from environmental stress. Pioneering econometric models by Paul Collier and Anke Hoeffler (2004) posited that resource dependence increases civil war risk by enabling rebel financing, estimating a non-linear relationship where high primary commodity exports as a share of GDP correlate with elevated onset probabilities. Subsequent subnational studies, such as those using geocoded resource data, find localized oil and mineral wealth associated with higher violence incidence in specifications controlling for geography, though effect sizes vary and weaken with alternative datasets like the PRIO-GRD.^[155] For interstate conflicts, evidence is sparser and centers on strategic resources like petroleum. A spatial analysis of post-World War II disputes identifies oil field locations as significant predictors of militarized incidents, with proximity to reserves raising conflict odds by factors of 2-3 after accounting for contiguity and capabilities, attributing this to opportunistic seizures by capable aggressors.^[107] However, broader cross-national panels show resource abundance linking more robustly to intrastate than interstate violence, with renewable scarcity (e.g., water) exhibiting negligible direct effects on war onset.^[156] Meta-analyses underscore the fragility of causal claims. A synthesis of 50+ studies on the resource curse reveals positive associations between rents and civil war in about 60% of models, but heterogeneity arises from measurement (e.g., point vs. primary exports) and endogeneity, where conflicts distort extraction data; commodity price shocks, tested via natural experiments, yield insignificant average effects on armed onset.^[157] ^[52] Critiques highlight reverse causality—wars disrupting production—and omitted institutional factors, with scholars like James Fearon arguing resources prolong rather than initiate conflicts, as weak states invite predation irrespective of endowments. Overall, while correlations persist for lootable assets in low-capacity polities, rigorous identification struggles to isolate resources as sufficient causes, suggesting they amplify pre-existing vulnerabilities rather than independently sparking wars.^[15]

Overstated Environmental Security Narratives

Environmental security narratives emerged in the post-Cold War era, positing that resource scarcity, degradation, and climate change pose direct threats to national and international security by triggering violent conflicts, particularly in developing regions.^[11] Pioneered by scholars like Thomas Homer-Dixon, these frameworks argued that environmental stresses exacerbate social cleavages, induce migration, and strain institutions, leading to civil strife or interstate disputes over vital resources such as water and arable land.^[12] Such views gained traction in policy circles, influencing reports from organizations like the UN and NATO, which framed climate change as a "threat multiplier" capable of sparking "resource wars."^[158] However, empirical analyses have consistently challenged the causal potency of these narratives, revealing weak or indirect associations between environmental factors and conflict initiation. Systematic reviews of historical data indicate that interstate wars over scarce renewables, such as water, are exceedingly rare, with cooperation prevailing through treaties and shared management despite tensions.^[159] Quantitative studies on climate variability, including temperature anomalies and precipitation deficits, show no robust link to the onset of civil wars or insurgencies when controlling for socioeconomic and political variables; any observed correlations often reflect mediation through economic downturns rather than direct scarcity-driven violence.^[160] Critics, including Nils Petter Gleditsch, highlight methodological flaws in early environmental security research, such as case selection bias toward confirming scarcity-conflict hypotheses and neglect of abundance-driven "resource curse" dynamics in resource-rich states.^[161] Proponents' predictions of widespread "climate wars" or mass displacement-fueled instability, as in forecasts of millions of "climate refugees" igniting border conflicts by 2010, have not materialized, underscoring the narratives' alarmism.^[162] For instance, while droughts contributed to agricultural stress in Syria prior to its 2011 civil war, the conflict's roots lay in entrenched authoritarianism, inequality, and rapid population growth, not scarcity as a primary driver; similar patterns hold in Darfur, where resource narratives overshadowed ethnic and governance failures.^[162] These overstatements risk self-fulfilling effects by securitizing environmental issues, potentially justifying militarized responses over adaptive governance and diverting resources from addressing institutional weaknesses that truly amplify vulnerabilities.^[163] In resource wars contexts, abundance rather than scarcity more reliably predicts financing of rebellions, as seen in diamond-fueled African insurgencies, further diminishing the scarcity thesis.^[15]

Institutional and Governance Failures as Root Causes

Weak institutions, characterized by inadequate rule of law, corruption, and limited state capacity, enable the capture of resource rents by elites or non-state actors, transforming potential economic boons into drivers of conflict. In resource-abundant settings, the absence of transparent revenue management and property rights protections fosters rent-seeking behaviors, where actors prioritize predation over productive investment, exacerbating inequality and undermining social contracts. Empirical analyses indicate that countries with pre-existing governance weaknesses experience heightened civil conflict risk when resource windfalls occur, as these inflows finance insurgencies without bolstering state legitimacy.^[13]^[164] Governance failures manifest in policy misalignments and institutional fragmentation, which prevent equitable resource distribution and conflict resolution mechanisms. For instance, in states lacking coordinated oversight, resource extraction often proceeds without environmental or fiscal safeguards, leading to localized grievances that escalate into violence when mediated by corrupt bureaucracies. Cross-national studies reveal that weak democratic institutions and endemic corruption correlate strongly with resource-financed rebellions, as seen in cases where oil or mineral revenues sustain warlords rather than public goods provision.^[165]^[6] The resource curse literature underscores that abundance alone does not precipitate war; rather, it amplifies underlying institutional deficiencies, such as elite pacts that entrench authoritarianism and suppress accountability. In nations with robust checks and balances, resource inflows support growth without conflict, as evidenced by comparative data showing divergence between institutionally strong and weak resource economies. Conversely, poor governance perpetuates a cycle where conflicts erode institutions further, deterring investment and perpetuating underdevelopment.^[166]^[167] Critiques of scarcity-focused narratives highlight how they overlook these domestic roots, attributing conflicts to external pressures while downplaying agency in governance lapses. Academic and policy analyses, often influenced by environmental determinism, underemphasize evidence that resource wars cluster in polities with historical institutional voids, where state weakness invites predation over cooperation. Strengthening institutions—through anti-corruption reforms and inclusive fiscal policies—thus emerges as a causal prerequisite for averting resource-driven instability, rather than mere resource management tweaks.^[168]^[169]

International Responses and Frameworks

Legal Conventions and Sanctions

International legal conventions addressing resource seizures in the context of armed conflicts primarily derive from prohibitions on pillage, plunder, and unlawful destruction under international humanitarian law (IHL). The Hague Regulations of 1907, in Article 47, explicitly forbid the pillage of towns or places, a rule that customary international law extends to the seizure of natural resources such as oil, minerals, or timber during occupation or hostilities, unless imperatively required by military necessity.^[170] Similarly, Article 53 of the Fourth Geneva Convention (1949) prohibits the destruction or seizure of property in occupied territory not justified by such necessity, encompassing immovable assets like natural resources to prevent exploitation for the aggressor's benefit.^[171] These rules reflect a foundational principle against resource extraction as a spoil of war, as affirmed by the International Court of Justice (ICJ) in the Armed Activities on the Territory of the Congo case (2005), where Uganda's extraction of timber, gold, and diamonds from the Democratic Republic of Congo was deemed a violation of the anti-plunder norm.^[172] Additional protections arise from environmental safeguards in IHL, particularly Additional Protocol I (1977) to the Geneva Conventions, under Articles 35(3) and 55, which ban methods of warfare causing widespread, long-term, and severe damage to the natural environment, including resource-bearing ecosystems.^[173] Customary IHL Rule 43 further prohibits attacks on the natural environment unless it constitutes a military objective, limiting incidental resource destruction in conflicts driven by control over high-value assets like rare earths or hydrocarbons.^[174] The UN General Assembly's 1962 resolution on Permanent Sovereignty over Natural Resources (Resolution 1803) underscores states' rights to their resources but conditions exploitation on respect for international law, implicitly opposing forcible seizures that undermine sovereignty.^[175] Violations, such as corporate or state-facilitated pillage of conflict resources, can constitute war crimes under the Rome Statute of the International Criminal Court (Article 8), prosecutable when systematic extraction fuels aggression.^[176] Sanctions serve as a non-military enforcement tool under the UN Charter's Chapter VII, authorizing measures against threats to peace, including resource-motivated aggressions. Following Iraq's 1990 invasion of Kuwait—partly aimed at securing oil reserves—UN Security Council Resolution 661 imposed comprehensive economic sanctions, barring trade in Iraqi petroleum and freezing assets to compel withdrawal and restore Kuwaiti resource control.^[177] This regime, sustained until 2003, demonstrated sanctions' role in isolating aggressors economically while preserving targeted resources from exploitation. In contrast, Russia's 2022 invasion of Ukraine, involving seizures of Donbas coal and grain export disruptions, highlighted UNSC limitations due to veto powers; no binding UN sanctions ensued, prompting unilateral measures by the EU and US, including bans on Russian oil imports (EU embargo effective December 2022) and asset freezes exceeding $300 billion, aimed at curtailing war funding from energy revenues.^[178] These examples illustrate sanctions' variable efficacy: effective in consensus-driven cases like Iraq but fragmented otherwise, often prioritizing geopolitical alliances over uniform enforcement of resource protections.^[179] Emerging frameworks, such as the UN International Law Commission's Draft Principles on Protection of the Environment in Relation to Armed Conflicts (2022), propose explicit bans on pillaging natural resources during and post-conflict, including obligations to remediate seized assets.^[180] However, enforcement remains challenged by state sovereignty and inconsistent application, with sanctions regimes frequently critiqued for humanitarian side effects, as seen in Iraq where civilian suffering prompted partial easing via the Oil-for-Food Programme in 1995.^[177] Overall, while conventions establish clear prohibitions, sanctions' deterrent value in resource wars depends on multilateral resolve, often undermined by great-power divisions.

Economic Mitigation Strategies

Economic mitigation strategies for resource wars emphasize reducing national vulnerabilities to supply disruptions by enhancing supply chain resilience, minimizing resource intensity, and fostering alternative sourcing mechanisms. These approaches draw on empirical evidence from historical resource conflicts, such as the 19th-century guano wars and modern rare earth dependencies, where concentrated control by single suppliers exacerbated geopolitical tensions. By prioritizing diversification and stockpiling, nations aim to deter aggression over scarce commodities like critical minerals, which constitute over 90% of global rare earth processing dominated by China as of 2025.^[181] ^[182] Supply chain diversification represents a core tactic, involving bilateral and multilateral agreements to broaden sourcing beyond high-risk suppliers. For instance, the United States signed a Memorandum of Understanding with Thailand in October 2025 to collaborate on critical minerals supply chains, aiming to counter China's export restrictions that tightened in the same year and threatened global electronics and defense sectors. Similarly, Western efforts to onshore processing hubs, such as U.S. investments in domestic rare earth refining, seek to reduce reliance on single-country dominance, which empirical models show can prevent war by diluting monopoly leverage. Experts advocate combining this with technological scaling for extraction in allied nations like Australia and Canada to achieve redundancy without inflating costs. ^[183] ^[50] Strategic stockpiling provides a temporal buffer against embargoes or conflicts, with programs like the U.S. National Defense Stockpile designed to cover essential defense needs during crises, though its scale remains limited to peacetime demands. Proponents of multilateral commercial stockpiles argue for holding at least 12 months of industrial demand for vulnerable minerals to stabilize prices and avert panic buying that could escalate tensions, as seen in Europe's post-2022 energy stockpiling response to Russian gas cuts. However, effectiveness hinges on coordination to avoid hoarding-induced shortages elsewhere.^[184] ^[185]^[186] Efficiency measures, including recycling and circular economy practices, further mitigate scarcity by extending resource lifespans and curbing demand growth. In resource-rich economies, policies maximizing extraction benefits through transparency and reinvestment have empirically lowered conflict risks by distributing gains equitably, as evidenced in UN analyses of post-conflict stabilization. International trade frameworks, when structured to promote sharing over hoarding, can alleviate scarcity pressures, though unchecked export deals risk accelerating depletion in weaker economies.^[187]^[188]^[189]

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Remember the Guano Wars - The Breakthrough Institute
Apr 4, 2018 · Spain, demanding repayment of debts arising from Peru's war of independence, took control of the guano-rich Chincha Islands. They occupied the ...
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Chincha Islands War | Encyclopedia.com
... Chincha Islands, some guano-covered spits of land. The Spanish act infuriated Peru because exports of this nitrate-rich fertilizer funded its economy. It ...
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Guano war on Peru's Chincha Islands - Environment & Society Portal
Spanish troops occupied the Peruvian Islands in April 1864 in order to profit from the guano trade.
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Warships – Chincha Islands War - Military History - WarHistory.org
Dec 13, 2024 · The conflict began with Spain's seizure of the guano-rich Chincha Islands in one of a series of attempts by Spain, under Isabella II, to ...
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The Guano Wars - by Richard I Gibson - The Geologic Column
Jan 22, 2025 · Guano from the Chincha Islands was a pawn in a war fought primarily, it seems, for political or economic prestige. Peru's guano industry, based ...
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Guano - The bird excreta that almost started a World War
Oct 12, 2022 · Though a global war over guano was avoided at the last minute, the Chincha Islands war initiated several regional conflicts over resources ...
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States that operate within competitive geopolitical environments are incentivized to build power projection capabilities, whereas states within cooperative ...
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Jan 11, 2023 · Resource power shifts, driving the formation of new blocs as well as wedges in existing alliances between mineral-rich and -poor countries, ...3. Resource Rivalries: Four... · 3.2 Polycrisis: Natural... · 3.3 Four Futures For 2030
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New frontiers of conflict | United Nations Development Programme
The shift towards renewable energy could heighten geopolitical tensions through soaring demands for critical minerals, expected to quadruple by 2040 , and ...Explore More Themes · Creative Democracy · A Post-Truth Future
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Oil, Empire and Resource Wars | GEOG 128 - Dutton Institute
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China outlines more controls on exports of rare earths and technology
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Rare Earth Statecraft Phase Two - German Marshall Fund
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Putin's Arctic ambitions: Russia eyes natural resources and shipping ...
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Apr 11, 2025 · Russia's Arctic policy has shifted from economic ambitions to military dominance, especially since the outbreak of war in Ukraine.
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Geopolitics of the Energy Transition: Critical Materials - IRENA
The energy transition will be a main driver of demand for several critical minerals. The transition will be mineral- and metal-intensive.
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The first term is the value in case of no war, while the second term is the continuation value following war. Before providing a formal definition, we also note ...
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[PDF] Commodity Price Shocks and Civil Conflict: Evidence from Colombia
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Jan 19, 2021 · Higher prices for such commodities generate gainful employment, raising the opportunity cost of conflict and drawing would-be combatants into ...
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It has been conventional wisdom for some time that severe scarcities of natural resources can produce wars among states.
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The focus on the role of natural resource abundance as a cause of conflict simply delves deeply into the surface of conflicts in poor economies. As a result ...
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[PDF] Natural Resource Wealth, Conflict, and Peacebuilding By Ingrid ...
The resource curse. This explanation focuses on the negative effects of resource wealth at the country level. Slow economic growth, corruption and authoritarian ...
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Oil, Conflict, and U.S. National Interests - Belfer Center
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The Oil Wars Myth and International Conflict - Cornell University Press
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Mar 3, 2022 · The second world war was decided by oil. Each country's war-time strategy was dictated by its availability, its quality and attempts to secure more of it.
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Energy's Vital Role in World War II Offers Lessons For Today
Spurred by WWII, U.S. oil production rose from 3.7 million barrels a day in 1940 to 4.7 million bbl/d in 1945.
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Fossil Fuels are fuelling war - Greenpeace International
Apr 1, 2022 · The struggle over energy resources has been a conspicuous factor in many recent conflicts, including the Iran-Iraq War of 1980-1988, the Gulf ...
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In addition, Saddam Hussein alleged that Kuwait was stealing oil from the Rumayla oil field that straddled the Iraq-Kuwait border. ... The invasion of Kuwait led ...<|separator|>
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Oil and the Gulf War - MERIP
The trigger for Iraq's invasion of Kuwait was the emirate's production far in excess of its OPEC output quota. This weakened world oil prices and came at the ...
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Russia's War on Ukraine – Topics - IEA
After it invaded Ukraine in 2022, Russia cut 80 billion cubic metres (bcm) of pipeline gas supplies to Europe, plunging the region into an energy crisis. While ...<|separator|>
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Russia Targets Ukraine's Natural Gas Facilities in Biggest Attack of ...
Mar 10, 2025 · Russia launched its biggest attack of the war overnight against natural gas facilities run by Ukraine's state-owned Naftogaz Group, ...
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The pacifying effect of energy dependence on interstate conflict
Our findings show that this pacifying effect is minimal for coal and oil. Trade in electricity emerges as a stronger pacifier.
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[PDF] Energy, conflict and war: Towards a conceptual framework
In terms of the energy system, the risk of conflicts increase if there is a disparity between supply and demand, e.g. domestic scarcity, and vulnerability to ...
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Department of the Interior releases draft 2025 List of Critical Minerals
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Critical Minerals: Status, Challenges, and Policy Options for ...
Jul 31, 2024 · Critical minerals like lithium and cobalt feed technologies that keep the U.S. economy running. But other countries control much of the ...
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The Nexus of Conflict, Mining, and Violence in Eastern DRC
Sep 30, 2025 · Copper And Cobalt Mining In Kolwezi, Democratic Republic Of The Congo A view of an artisanal cobalt and copper mining site on May 26, 2025 ...
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Conflicts related to resources: The case of cobalt mining in the ...
This chapter analyzes conflicts related to the mining of metals needed for green technologies. Using the example of cobalt mining in the DRC.
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Lithium dreams, local struggles: Navigating the geopolitics and ...
The extraction of lithium has become a “ferocious race,” particularly in the Lithium Triangle, where the concentration of this resource has heightened ...
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Lithium Triangle mining may strain water sources more than ...
Apr 4, 2025 · But lithium also brings its own environmental concerns, putting stress on freshwater supplies in the desert areas where the mineral is most ...
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Resource Nationalism in the Lithium Triangle
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Jul 26, 2024 · The demand for lithium should have brought wealth to the indigenous communities of South America – but it is not.
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[PDF] Critical Minerals and Great Power Competition - SIPRI
Several general recommendations can be made to channel mineral resource com petition into more constructive, globally inclusive social, economic and political.<|separator|>
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Water Conflict Chronology - World Water
Lagash-Umma dispute in ancient Sumeria over water and irrigation leads to a century of conflict (2500 BC); Tigris River dammed in ancient dispute in Babylon ...Missing: minerals | Show results with:minerals
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Water Conflict Chronology - Pacific Institute
Water resources and water infrastructure are not only triggers of conflict—they can be a casualties of conflict or used as weapons as well.
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High dependence on primary commodities increases the risk of violent conflict. Revenues from natural resources can finance conflicts, and large rents can ...
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Jul 5, 2000 · The Security Council this evening decided that all States shall prohibit the direct or indirect import of rough diamonds from Sierra Leone.
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[PDF] United Nations Resolutions and the Struggle to Curb the Illicit Trade ...
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Angola: A peace dividend 20 years in the making
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Mining Trafficking: The War in the DRC, Once Started, It Is Self ...
Feb 10, 2023 · "Coltan revenues were an important part of what allowed the (DRC/Goma) to make the first budget in the history of the movement and to pay some ...
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Inside the mine that feeds the tech world - and funds Congo's rebels
Aug 13, 2025 · M23 insurgents control one of the planet's largest sources of coltan, a mineral prized by high-tech industries. Dislodging them is a focus ...
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Feb 13, 2025 · “It takes money to wage war. Access to mining sites finances the war,” he added. Why do the rebels want the minerals?
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Libya's Deep Divisions Show No Sign of Abating
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[PDF] Natural Resources and Conflict - Heinrich-Böll-Stiftung
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Operation 'Barbarossa' And Germany's Failure In The Soviet Union
On the 22nd of June 1941, Adolf Hitler launched Operation Barbarossa, Germany's invasion of the Soviet Union. ... Hitler insisted that Germany needed the oil ...
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Why did Hitler invade the Soviet Union? - Imperial War Museums
Germany's economic weakness made the invasion a means to an end. To secure the material strength Germany needed to take on Britain and the United States.<|control11|><|separator|>
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Igniting Iraq's Invasion of Kuwait – Loans, Land, Oil and Access
The decision to attack was based on the need to erase Iraq's massive debt: Iraq had largely financed its 1980-1988 war with Iran through loans and owed some $37 ...
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China, Russia, and the US are competing in Africa for resources and weapons deals, with resource-rich and fragile states being vulnerable to proxy wars.
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Russia's Wagner Group in Africa: Influence, commercial ...
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The Wagner Group and Africa Corps - ACLED
Ukraine, the Wagner Group has also been actively involved in conflicts in Syria and across the · African continent. · Mali, Mauritania, Mozambique, and Sudan.
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Africa Corps: Has Russia Hit a Ceiling in Africa?
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Russia in Africa: Private Military Proxies in the Sahel
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This article examines how US SFA challenges in Africa are now heightened by Russia's Wagner Group, the armed nonstate actor increasingly favored by the Kremlin.
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The Resource War: How Minerals Fuel the Conflict in Congo
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Rare earth elements facts - Natural Resources Canada
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Statistics and information on the worldwide supply of, demand for, and flow of the mineral commodity group rare earths - scandium, yttrium, and the lanthanides.
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Amid Tension, China Blocks Vital Exports to Japan
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Jul 19, 2023 · In 2010, China halted exports of rare earths to Japan for two months over a fishing dispute” (New York Times 2023). In this column, we revisit ...
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A Brief History of US-China Rare Earth Rivalry - Geopolitical Monitor
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Global rare earth elements projects: New developments and supply ...
Global production of REOs (210,000 of 300,000 tons in 2022) is dominated by China (70%), followed by U.S. (14%), and Australia (4%) (Fig. 1; USGS, 2023).
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Pentagon's 2027 Rare Earth Ban and the Heavy Element Quandary
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The Race to Break Beijing's Chokehold on Rare Earth Elements
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Supply chain disruptions and the effects on the global economy
Strains in global production networks, which started to emerge in late 2020, are a reflection of imbalances between the supply and demand of certain goods.
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Research shows severe disruption through the pandemic is driving enterprises to make their supply chains more resilient, collaborative and networked.
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How the Russian invasion of Ukraine has further aggravated the ...
Russia has aggravated a global food crisis. Its blockade of Ukraine's Black Sea ports has disrupted food markets causing scarcity of supply and record high ...
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6 ways Russia's invasion of Ukraine has reshaped the energy world
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Impact of Russia's invasion of Ukraine on the markets: EU response
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China's Rare Earth Dominance: Global Supply Chain Vulnerabilities
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China's latest rare earths quota could sustain weak prices
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China expands rare earths restrictions, targets defense and chips ...
Oct 10, 2025 · China dramatically expanded its rare earths export controls on Thursday, adding five new elements and extra scrutiny for semiconductor users ...
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The impact of China's new critical mineral export controls
Oct 14, 2025 · Exports of rare earth magnets from China plummeted, causing price surges in Europe. Automakers like BMW, Suzuki, and Ford have experienced ...
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China flexes its rare earths dominance, again - Oxford Economics
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Do Natural Resources Really Cause Civil Conflict? Evidence from ...
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Sep 9, 2010 · Abstract. This paper provides a brief assessment of how natural resource scarcity and global climate change may change the risk of violent ...
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[PDF] Linking Environment and Conflict Prevention
1.1 Research on the links between environment and conflict ... link between water scarcity and violent conflict are erroneous.69. Concerning water resources ...
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[PDF] CLIMATE CHANGE AND CONFLICT: a systematic evidence review
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Aug 6, 2025 · ... empirical evidence of past or present. linkages between environmental scarcities and violent ... conflict linkages. 10. Data. • Prominent ...
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The resource curse and the role of institutions revisited
Dec 20, 2023 · Many studies have shown that natural resource abundant countries with strong institutions tend to escape the resource curse.
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Natural resources governance and conflicts: Retrospective analysis
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Institutions and the resource curse: New insights from causal ...
Jun 1, 2023 · There is a widely held belief that natural resource rents are a blessing if institutions are strong, but a curse if institutions are weak.
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[PDF] The Political Economy of the Natural Resource Curse: A Survey of ...
First, resource abundance or a resource boom tends to be a curse when governance and the rule of law are weak initially, but not otherwise. Second, a curse ...
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Weak states are more susceptible to rebellion due to their failure to provide adequate social programs and their lack of control over their territory—leading to ...
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resolutions on permanent sovereignty over natural resources
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The sale of pillaged natural resources fuels war. Businesses that knowingly trade in pillaged goods are accessories to war crime and should be prosecuted as ...
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IRAQ: U.N. Sanctions - Council on Foreign Relations
The sanctions regime was first established in U.N. Security Council Resolution 661 after Iraq's August 1990 invasion of Kuwait. That resolution barred Iraq from ...
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EU sanctions against Russia explained - Consilium
The measures are designed to achieve the EU policy objective of ending Russia's war of aggression against Ukraine, through maximising pressure on Russia and ...<|separator|>
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Sanctions against Russia and the Role of the UN - Global Challenges
Sanctions on Iraq. The UN Security Council imposes comprehensive sanctions on Iraq after its invasion of Kuwait. One of the most widespread sanctions regime ...
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[PDF] Draft principles on protection of the environment in relation to armed ...
Parties to an armed conflict shall seek, as soon as possible, to remove or render harmless toxic or other hazardous remnants of war under their jurisdiction or ...
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The Strategic Game of Rare Earths: Why China May Only Be in ...
Oct 7, 2025 · In April 2025, China imposed export controls on seven rare earth elements (REEs) and related embedded products to all countries (Jackson et al.
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Jul 28, 2025 · Simply diversifying sources of mined rare earth ore is not enough to break China's stranglehold on these critical supply chains. Last year, the ...
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Critical minerals in crisis: Stress testing US supply chains against ...
Oct 9, 2025 · Key lessons under Scenario A2 · Diversification must account for shocks driven by extreme weather and natural disasters, not just geopolitics.
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[PDF] A Multilateral Commercial Stockpile for Critical Minerals
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[PDF] Critical stocks, critical stakes | CETEx
This report assesses the effectiveness of strategic stockpiling in addressing five risks linked to critical minerals: market volatility, inflation, industrial ...
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Economic policies can help prevent resource-related conflicts by maximizing the economic benefits of resource abundance (C). Page 11. ConfLICt PrEvEntIon In ...
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