The paper attempts to describe and classify the water resources in the region into the admitted water colors. The admitted water colors are the Blue Water and the Green Water. In addition, the Yellow Water is proposed herein to denote the fraction of water allocated to riparian countries according to regional power struggle rather than being the outcome of agreements, negotiations and equitable principles. This paper investigates how Yellow Water (i.e. conflict over water) results in the deterioration of the Blue and Green Waters.