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by ArkVark 2160 days ago
For the UAE overall crude oil makes up 28% of exports:

https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi...

and Refined petroleum 15%

If you want to see an Arab country that has run out of oil, look at Yemen.

1 comments

My understanding is that Yemen has lots of reserves at 8 billion barrels [0] but never really produced or imported.

So aren’t they a better example of never oil rather than once had oil?

[0] https://en.wikipedia.org/wiki/Economy_of_Yemen