WORLD HISTORY

HISTORY

HISTORY OF THE MIDDLE EAST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Middle Eastern country is the wealthiest because of the discovery of oil?
A
Saudi Arabia
B
Afghanistan
C
Israel
D
Pakistan
Explanation: 

Detailed explanation-1: -Saudi Arabia has the most oil reserves amongst the middle eastern countries.

Detailed explanation-2: -The US is the top producer of oil, but the country requires foreign imports to meet its increasing domestic demand. According to the IEA, the nation sources oil from as many as 73 countries around the globe. The top five are Canada, Mexico, Russia, Saudi Arabia and Colombia.

Detailed explanation-3: -Tectonic activity – With tectonic activity over millions of years, the Tethys Ocean receded and Middle East was converted into dry, sandy desert. This exposed the topmost layers underneath which vast amounts of oil and natural gas deposits are present.

Detailed explanation-4: -Saudi Arabia possesses around 17 per cent of the world’s proven petroleum reserves. Apart from petroleum, the Kingdom’s other natural resources include natural gas, iron ore, gold, and copper.

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