What if you found oil in international waters?

If you found oil in international waters, the rights to exploit it would depend on various international laws, particularly the United Nations Convention on the Law of the Sea (UNCLOS). Under UNCLOS, nations have jurisdiction over resources within their Exclusive Economic Zones (EEZ), which extend 200 nautical miles from their Coastlines. Outside of these zones, the situation becomes complex, as no single country has sovereignty. It would likely require negotiations with other nations and adherence to environmental regulations to govern exploration and extraction activities.