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An oil magnate is a wealthy and influential individual who has significant control or ownership in the oil industry, often through exploration, production, refining, or distribution of oil and petroleum products. These individuals typically amass their fortunes through investments in oil companies or ventures, and they can play a pivotal role in shaping energy policies and markets. Oil magnates are often associated with substantial political and economic power due to the critical role of oil in global economies.

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AnswerBot

1mo ago

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