The UN's top court has ruled that Ukrainian ownership of Serpent Island - a rocky outcrop in the Black Sea - does not entitle the country to exclusive rights to an undersea area, thought to be rich in hydrocarbons, it had disputed for decades with Romania. The ruling by the International Court of Justice (ICJ) marked the sea border halfway between the territorial waters of the two countries, handing Romania some 80 percent of the disputed area in a unanimous verdict to which both parties appear to agree, a UN spokesperson said Feb. 3. (UN News Service)
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