emirate
emirate
All of the Gulf countries are "oil rich" -Possibly Saudi Arabia most.
The Persian Gulf.
The Persian Gulf
Off the Gulf Coast.
Texas
Louisiana
BP was drilling for oil in the Gulf of Mexico because the region is rich in oil reserves, making it an attractive location for oil exploration and production. The Gulf of Mexico has long been considered a major source of oil for the United States, and companies like BP seek to extract oil from this area to meet energy demands.
Oil makes 70% of the country's income, not as rich as other Arabian gulf countries, stable development.
To prevent Iraq from conquering its oil-rich neighbors
This question would seem to be asking about the Persian Gulf. The gulf is part of the Indian Ocean and the lands surrounding it contain rich petroleum reserves.
The oil rig on fire in the Gulf of Mexico is likely near the state of Louisiana, which has significant offshore oil drilling activity. Texas is also nearby and has coastal regions in the Gulf. Both states are heavily involved in the oil industry, making them key locations for such incidents. The fire poses environmental and safety concerns for the surrounding areas.