What three Southwest Asian countries that gain the most wealth from oil in the region.

HISTORY OF THE MIDDLE EAST

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Turkey, Ham, and Bacon
B	Israel, Afghanistan, and Iran
C	Iran, Iraq, Saudi Arabia
D	Iraq, Iran, Israel

Explanation:

Detailed explanation-1: -China is the largest producer of oil in the Asia-Pacific region, as the country produced close to 4 million barrels of oil per day in 2021.

Detailed explanation-2: -Iran has proven reserves equivalent to 239.2 times its annual consumption. This means that, without Net Exports, there would be about 239 years of oil left (at current consumption levels and excluding unproven reserves).

Detailed explanation-3: -At this moment, Southeast Asia produces nearly 2 million barrels per day (as well as 500 million cubic feet natural gas). However, the region’s main oil producers, Indonesia, Malaysia and Vietnam, are planning for a future as oil importers as their oil output declines and domestic demand rises.

Detailed explanation-4: -Venezuela has the largest amount of oil reserves in the world with more than 300 billion barrels in reserve. Saudi Arabia has the second-largest amount of oil reserves in the world with 297.5 billion barrels.

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