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Because in the Middle East, especially around the Persian Gulf, it is very cheap to extract the oil, which means less cost and higher income. Furthermore, the Middle East lacks many natural resources and must use their abundance of oil to get other resources that they need to improve their standard of living.
Nasir Sipes
Wiki User
∙ 11y agoBecause in the Middle East, especially around the Persian Gulf, it is very cheap to extract the oil, which means less cost and higher income. Furthermore, the Middle East lacks many natural resources and must use their abundance of oil to get other resources that they need to improve their standard of living.
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What mineral is extremely important in the middle east?
Oil.
What is the most important mineral from the middle east?
mineral oil
Three most important resources in middle east and why is it important?
OIL- because when other countries 'borrow' the oil from the Middle East, it gives them money.Natural Gases- because they are popular like OILPhosphate- ????
Why was egypt' Suez canal important?
The canal was key to reaching the oil fields of the Middle East.
The most important natural resources in middle east today is?
Oil.
Why is the middle east an important world resource?
The Middle East is an important world resource because there is a lot of oil in that area which is useful. For example, gas for your car.
What is the most important product of the Middle East?
The most important resource for the whole region is oil.
What is the two most important natural resources in the middle east?
Oil and pearls
What are the two most important resource in the middle east?
Oil and natural gas.
What two economies are important in the Middle East?
you might of heard of it.... oil and gold
What is the richest resource of the Middle East?
It depends on what you mean by "important".In terms of export value, the following are the most important resources of the Middle East:Oil/PetroleumGoldDiamondsEmeraldsNatural GasIn terms of sustaining the lives of Middle Easterners:Water/RainFirm soil
What are the two most important natural resources in the Middle East?
oil and natural gas
