The Arctic Frontier: Geopolitical Chessboard of Major Powers?
The Arctic region, once considered a distant and inhospitable corner of the world, is rapidly emerging as a focal point in global geopolitics. Harvard International Review (HIR) argues that “nations have begun to engage in a modern gold rush over the region’s unclaimed territory, natural resources and strategic position”.1 This transformation is driven by a confluence of factors: the region’s substantial mineral wealth,2 the strategic importance of newly accessible maritime shipping lanes,3 the unique opportunities for scientific discovery,4 and the broader implications for global politics.5 As the Arctic ice cover diminishes at an unprecedented rate due to climate change, the region’s significance is magnified, drawing the attention of major global powers and reshaping international relations. Its vast mineral resources are at the heart of the Arctic’s growing importance. Estimates suggest that the region harbours a significant portion of the world’s untapped reserves of oil and natural gas, with projections indicating that the Arctic could contain about 13 per cent (90 billion barrels) of the world’s undiscovered oil and 30 per cent of its undiscovered natural gas (USGC).6 These figures highlight the Arctic as a critical energy security and economic opportunity area, particularly as traditional reserves in more accessible regions become depleted.
- Rahul Pandey |
- July-September 2025 |




