From 'There are no Sunglasses'
''While the world focuses on the possibility of an Israeli attack on Iran, a little-noticed arms buildup has been taking place to Iran’s north, among the ex-Soviet states bordering the Caspian. Twenty years after the collapse of the Soviet Union created three new states on the sea, their boundaries have still not been delineated. And with rich oil and natural gas fields in those contested waters, the new countries — Azerbaijan, Kazakhstan, and Turkmenistan — are using their newfound riches to protect the source of that wealth. So they’re building new navies from scratch, while the two bigger powers, Russia and Iran, are strengthening the navies they already have. It all amounts to something that has never before been seen on the Caspian: an arms race.
The biggest reason for this buildup may be mistrust of Iran, but it’s not the only one. The smaller countries also worry about how Russia’s naval dominance allows Moscow to call the shots on their energy policies. Iran and Russia, meanwhile, fear U.S. and European involvement in the Caspian. All of this, among countries that don’t trust each other and act with little transparency, is setting the stage for a potential conflict.''
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