Middle East
A New Geopolitics of Energy
Article REF: BE8519 V2
Middle East
A New Geopolitics of Energy

Author : Jean-Pierre FAVENNEC

Publication date: March 10, 2024 | Lire en français

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12. Middle East

Six of the twelve OPEC countries are located in the Middle East, but together with Venezuela they hold the bulk of the organization's oil reserves, and over 70% of the world's oil reserves (again with Venezuela) (figure 8 ).

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