With respect to the Hydrocarbon resources across the world, Barents sea has been quite frequently in news in recent times. Which among the following is / are correct statements about Barents Sea?
1. This region spans across Norway, Sweden, Finland and Russia
2. It’s a leading source of Brent Crude oil
3. The main players in the region are Norway and Sweden
Which among the above statements is / are correct?

Answer: [C] Only 1

The Barents Sea region spans across northern Norway, Sweden, Finland and north-western Russia. Norway and Russia are the most relevant actors in the region because of their dominance in its oil and natural gas sector.

This question is a part of GKToday's Integrated IAS General Studies Module