Five countries agree to share the resource-rich Caspian Sea after more than two decades of dispute.

“The five countries bordering the Caspian sea—Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan—agreed how to divide it up, in principle. They started by defining the world’s largest inland body of water as an actual sea. The Caspian is home to immense oil and gas reserves as well as its famous sturgeon. The accord represents more than 20 years of diplomatic effort...

Five countries agree to share the resource-rich Caspian Sea after more than two decades of dispute.

“The five countries bordering the Caspian sea—Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan—agreed how to divide it up, in principle. They started by defining the world’s largest inland body of water as an actual sea. The Caspian is home to immense oil and gas reserves as well as its famous sturgeon. The accord represents more than 20 years of diplomatic effort...