What's the Cost to U.S. of South China Sea Ruling?

The video discusses the concept of Exclusive Economic Zones (EEZs), which extend 200 nautical miles from a country's shore, granting exclusive rights to resources like fish and oil. The United States has a vast EEZ, larger than its land area. The video examines a tribunal ruling on the Spratly Islands in the South China Sea, interpreting the United Nations Convention on the Law of the Sea. The ruling states that for a landmass to claim an EEZ, it must be habitable, which some disputed islands are not. This decision, though not legally binding, could influence future disputes and impact industries like fisheries and oil drilling.

What implications does the tribunal's ruling have for countries like the United States and Japan?

What industries might be affected by the ruling regarding exclusive economic zones?