Which of the following countries has the highest crude oil reserves?
A
United Arab Emirates
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B
Iran
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C
Iraq
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D
Saudi Arabia
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Solution
The correct option is C Saudi Arabia Saudi Arabia is a desert country. It has the highest crude oil reserves. Saudi Arab is second largest crude oil reserve in the world and 1/5th of the total oil reserve in the world. It is estimated to have 268 billion barrels of oil reserve.