Answer:
True
Explanation:
It is true, that, half of the world oil reserve is in the Middle East. The countries like Saudi Arabia, Iran, Kuwait, and Iraq indulged in oil production. The Middle East, according to the OPEC, is the largest exporter of crude oil in the World. Over decades the Middle East has supplied oil to the world to run its economy and in future, it seems they will be in the same position as an exporter of the oil.
