WORLD HISTORY

Detailed explanation-1: -[10] It could be said, that the discovery of oil and its further export and utilization has promoted the economic modernization in the Middle East and, of course, in the oil possessing countries; the infrastructure, social and living conditions as well as health care have improved.

Detailed explanation-2: -This discovery would turn out to be first of many, eventually revealing the largest source of crude oil in the world. For the king, oil revenues became a crucial source of wealth since he no longer had to rely on receipts from pilgrimages to Mecca. This discovery would alter Middle Eastern political relations forever.

Detailed explanation-3: -American dependence on Middle Eastern oil Standard Oil of California first discovered oil in Saudi Arabia in 1936. The huge deposits there and in the neighboring Persian Gulf countries–the United Arab Emirates, Kuwait, and Bahrain–established these countries as some of the richest in the world.

Detailed explanation-4: -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-5: -The Middle East and North Africa (MENA) region is one of the richest in the world in terms of natural resources. It holds more than 60 percent of the world’s proven oil reserves, mostly located in the Gulf region, and nearly half of global gas reserves.