Oil is important to Israel as it important to any other country.
But Israel is a pioneer in green and alternative oil replacement.
Oil is important to all countries However many mid Eastern countries produce oil and sell it to countries that don't have oil, impacting on their standard of living.
because they don't have much of ether
oil
OIL
middle eastern countries established an oil embargo.
Industries can not run without oil and gas and if industries can not run then the country will export less so the economy of the country will be down and the country will have to face many difficulties.
Well actually, in the Middle East, Saudi Aarabia specialize in oil. So they are the ones who exports oil they do not import. But, if other Middle Eastern countries don't have oil, then they get the oil from Saudi Arabia. The oil is very expensive too! In the case of Israel, Israel imports oil from Egypt and from outside of the Middle East because other Middle Eastern countries do not have trade relations with Israel.
because they are naturally rich in oil, and they understand how precious oil is and will be.
OIL
various countries like Iran, and other middle eastern countries.
Iraq, Iran, Pakistan etc. Many middle-eastern countries
Organization of Petroleum Exporting Countries (OPEC)