0
It depends specifically on the country. Iran nationalized its oil fields in 1953 and then again in 1979 (since they had returned to the British in 1954). Egypt nationalized its oil fields in the 1960s. Saudi Arabia has nationalized some oil fields and created profit-sharing agreements on others from the 1970s onwards.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Which two Middle Eastern countries are primarily mountainous?
hihihihihh
What countries in the Middle East are autocratic?
Most Middle Eastern countries are autocracies. A shorter list would be those countries that are not autocratic: Turkey, Israel, and Cyprus.
Who imperialized the middle east region?
the middle east was a large aria to control but the most common answer to who imperialised the middle east is Germany throughout ww2 The only two countries that occupied lands in the middle east are England and France
Which two countries divided the middle east into countries after World War 1?
Britain and France
Why do other countries worry about conflict in the Middle East?
That's where Saudi Arabia is (in middle east), and Saudi Arabia have lots of oil, and all the countries around the world gets the oil from Saudi Arabia..so if a conflict or a war causes all the countries are gonna get difficulties to get the oil.
Where are oil fields located?
There are oil fields in many countries around the world. Some of the larger oil fields are found in Russia, Mexico, Brazil, Kazakhstan, and Venezuela. Oil fields are also found in the Middle East in countries such as Kuwait, Iran, and Saudi Arabia.
Which countries in the Middle East are located in the Sahara Desert?
The Sahara is located in Africa and not in the Middle East. There are no Middle East countries covered by the Sahara.
Are all the Middle East countries are Arab countries?
There are countries in the Middle East that are not Arab, such as Iran, Turkey, and Israel.
Why was egypt' Suez canal important?
The canal was key to reaching the oil fields of the Middle East.
Do they buy the oil from middle east?
Many countries by oil from the middle east. (70% of all countries) :)
Name the two countries of the middle east that begin with the letter I?
Two countries of the middle east are Israel and Iran.
The Sinia peninsula joins which to Middle East countries?
The Sinai Peninsula joins the two Middle East countries of Israel and Egypt.
What countries in middle east are open countries?
u.a.e.,lebanon
What two countries are islands in the middle East?
The countries of Bahrain and Cyprus are islands in the Middle East. Bahrain is located on the Persian Gulf and Cyprus is located in the Mediterranean Sea.
Where are Israel and the surrounding countries?
The Middle East.
The middle east includes countries on how many contients?
Most Middle Eastern countries are in Asia, but the Middle East also includes Turkey, which is partially in Europe, and Egypt, which is in Africa.
What is the international organization of countries in the Middle East?
The ARAB LEAGUE is a regional organization for all Arab-majority country, which is most of the countries in the Middle East.
