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摘要
The Middle East countries have the largest amount of oil., They have more oil than all the other regions together.
Oil was first discovered in the Middle East in 1908. The first oilfield was opened in Iran .A few years later men found oil in other Middle East countries. But they did not produce muchoil at that time because nobody knew the size and value of the oilfields. Then in 1932 oil wasdiscovered on Bahrain Island. The men who discovered this oil said, "If Bahrain has oil, there may be a lot of oifields in and around the Arabian Gulf."
Immediately men began to search for oil in the countries around the Gulf. During the next few years oil was found in many places. The Middle East oil industry then grew fast.
Today this region produces a third of the world's oil supplies. The Middle East countriesnow export more oil than any other region, They do not need all their oil. So they are able to export most of their oil to other countries. Europe is one of their chief markets. They supplyall the countries of Western Europe and also some of the countries in Eastern Europe. These European countries import millions of tons from other countries each year. They import some of their oil from North Mrica and Latin America, but they buy most of it from the MiddleEast. ……