HISTORY
HISTORY OF THE MIDDLE EAST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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gold
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diamonds
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uranium
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oil
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Detailed explanation-1: -The Middle East is similarly disproportionately rich in natural gas (32 percent of the world’s known natural gas reserves are in the region) and phosphate (Morocco alone has more than half of the world’s reserves).
Detailed explanation-2: -Middle Eastern Oil: Where It All Comes From The most obvious use, of course, is in our automobiles, for which oil provides the basis for both fuel and lubricant.
Detailed explanation-3: -Oil is the most abundant resource in the Middle East, and many countries’ economies are dependent on it.
Detailed explanation-4: -The Middle East, the Persian Gulf region in particular, contains the largest quantities of proven oil and gas reserves in the world. Countries such as Saudi Arabia effectively dominate the oil market and have a determining role in setting the price for this commodity.