What natural resource has played the largest role in the economies of the Persian gulf countries

Question

Geography

Jaime Barnes

29 December, 00:47

What natural resource has played the largest role in the economies of the Persian gulf countries

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Answers (1)

Know the Answer?

Eddie Watts · Answer 1

Oil

Explanation:

In 2002, the Persian Gulf nations of Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the UAE produced about 25% of the world's oil, held nearly two-thirds of the world's crude oil reserves, and about 35% of the world's natural gas reserves.