Oil reserves are unevenly distributed around the world from "summary" of Oil by Sucha Singh Khera
The distribution of oil reserves across the globe is far from uniform. There are some countries that are blessed with abundant oil reserves, while others have very limited resources. This imbalance in distribution has significant implications for the global oil market and geopolitics. Countries in the Middle East, such as Saudi Arabia, Iraq, and Iran, are known for their vast oil reserves. These nations have been able to leverage their oil wealth to become major players in the global oil market. They have also wielded significant influence in international affairs due to their control over such a vital resource. On the other hand, countries in regions like Africa and South America have relatively smaller oil reserves. This has hindered their ability to fully capitalize on their oil resources and achieve economic prosperity. The di...Similar Posts
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