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June 21, 2014 AT 9:03 AM
U.S. President Barack Obama on Friday urged China and its neighbors to peacefully resolve a dispute over oil drilling in the South China Sea and avoid escalating tensions. Obama told reporters "It is important for us to be able to resolve disputes like maritime disputes in accordance with international law, and encourage all parties concerned to maintain a legal framework for resolving issues, as opposed to possible escalation that could have an impact on navigation and commerce."