I would agree with that. On the lighter-hearted side of this, the threat to the Arctic from major powers is China, which declares that the resources belong to everybody and they're not going to recognize EEZs. The response from Russia, China's recent best friend, was that Russia would increase naval patrols in the Arctic to defend its interests against nations such as China seeking a share of the Arctic's mineral wealth. If you are a fan of Napoleon, this would be covered by precept number three: never interrupt your enemy when he's making a big mistake.
On October 20th, 2016. See this statement in context.