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What else can I help you with?
What is foreign oil?
FoREIGN oIL IS OIL THAT IS FROM ATHORE COUNTRIES OTHER THAT YOUR OWN
What are the advantages for countries to have deposits of coal and oil?
for example, they can develop their own industries without depending on other countries. Transportation will be less costly for countries with these resources. Other countries will pay for oil and coal.
Does Malta have oil?
Oil discovered in Malta, no. Malta gets oil from other countries.
What is the major influence of crude oil prices?
A major influence of crude oil prices is the price of oil to export it from other countries. It also has to depend on the relationship countries have with each other.
Why was oil a political weapon?
Oil has been used as a political weapon due to its strategic importance and economic significance. Countries with significant oil reserves can leverage their control over energy resources to influence other nations. They can impose embargoes or restrict oil supplies, causing economic disruptions and putting pressure on other countries to comply with their political demands. Additionally, oil revenues can be used to fund military and political activities, further enhancing its potential as a political weapon.
What does it mean when a nation is oil rich?
It means it has lots of oil resources. In most cases the term would be used for a country that can produce more oil than it needs. That allows it to export oil to other countries.
What do we buy from countries in the middle east?
We buy oil or other oil products it.
What is a dark liquid used to make fuels and other products?
USA we call that "crude oil" but in some other countries it's called petroleum
What does the US use that comes from other countries?
Oil.
What does the middle east have that other countries want?
oil
Does Syria export oil to other countries?
Yes!
Why is oil important to middle eastern countries?
Oil is important to Middle Eastern countries because it is a major source of revenue for their economies. Many countries in the Middle East have significant oil reserves, which allow them to export oil and generate income. This income can then be used to fund infrastructure projects, social programs, and other aspects of their economies. Oil also plays a key role in global energy markets, making these countries influential players in the global economy.
