-
purchased much
oil from the
Middle East. In 1973, US
production had
declined to 16% of
global output.
Eisenhower imposed quotas on
foreign oil that would...
- Cyprus, Israel,
Turkey and Egypt).
Industries of the
Middle Eastern region include oil and
oil-related products, agriculture, cotton, cattle, dairy,...
-
Indian Oil Corporation Limited (IOCL or IOC;
doing business as Indian
Oil) is an
Indian oil and gas
company under the
ownership of the
Ministry of Petroleum...
- 1973
oil crisis and the 1979
energy crisis, when, respectively, the Yom
Kippur War and the
Iranian Revolution triggered interruptions in
Middle Eastern...
- Petroleum, also
known as
crude oil or
simply oil, is a
naturally occurring yellowish-black
liquid mixture of
mainly hydrocarbons, and is
found in geological...
- An
oil refinery or
petroleum refinery is an
industrial process plant where petroleum (crude
oil) is
transformed and
refined into
products such as gasoline...
-
estimated that 79.5
percent of the world's
proven oil reserves are
located within OPEC nations, with the
Middle East
alone accounting for 67.2
percent of OPEC's...
-
billion barrels (240×10^6 m3). Most of the
oil is in the
Zakum field which is the
third largest in the
Middle East with an
estimated 66
billion barrels...
- a
stable flow of
oil from the
Persian Gulf. As of 2023[update], the U.S. has
diplomatic relations with
every country in the
Middle East
except for Iran...
- of
oil by
controlling the
speed at
which oil fields were developed. From the 1920s to 1940s, they had
agreements not to
produce oil in the
Middle East...