0
Countries that are most dependent on oil include Venezuela, Iraq, and Saudi Arabia. These countries rely heavily on oil exports for government revenue and economic stability.
Add your answer:
Earn +20 pts
Which country is called the land floating on oil?
The country often referred to as the "land floating on oil" is Saudi Arabia. It is one of the world's largest oil producers and possesses significant reserves of oil and natural gas. The country's economy is heavily dependent on the oil industry.
What Country that produces the most oil?
The country that produces the most oil is the United States.
Which two countries were most dependent on importd of oil in 1973?
The two countries most dependent on oil imports in 1973 were Japan and the United States. This dependency was particularly evident during the OPEC oil embargo that year, which led to significant disruptions in both countries' economies due to their reliance on imported oil for energy.
What country has the most oil?
The country with the most oil reserves is Venezuela, followed by Saudi Arabia. Both countries possess significant oil reserves and play a crucial role in the global oil market.
What southwest Asian country has the most oil reserves?
Saudi Arabia has the most oil reserves in southwest Asia, making it one of the world's largest oil producers.
Which Middle Eastern country is most dependent on oil pipelines?
saudi arabia
What has an economy that is most dependent on the export of oil?
The Persian Gulf or the eastern Mediterranean's economy is most dependent on the export of oil.
What region has an economy that is most dependent on the export of oil?
The Persian Gulf or the eastern Mediterranean's economy is most dependent on the export of oil.
What region has an economy the is dependent on the export of oil?
The Persian Gulf or the eastern Mediterranean's economy is most dependent on the export of oil.
What African country has the most oil?
Nigeria is the African country with the most crude oil
What country sells the most oil?
The United States is the country that sells the most oil.
Which region has an economy that is most dependent on the export if oil?
The eastern Mediterranean. - Apex
What world region exports the most oil?
The Persian Gulf or the eastern Mediterranean's economy is most dependent on the export of oil.
Why our food is so dependent on oil?
Food today is grown and shipped all over the world. Shipping anything uses fuel. Most transportation fuels are derived from oil. Therefore our food is dependent on oil.
What country exports the most oil?
Russia exports the most oil.
How dependent are we on oil?
Currently, very dependent.
Are Asia Iraq and Arabia too dependent on oil?
Asia is a huge continental area of many countries, so which country do you mean? ' Iraq and Saudi Arabia are heavily dependent on exporting their oil - whether that makes them "too" dependent is a moot point at present, but will become a vital one in the future.
