SIX KINGDOMS OF OIL: THE PERSIAN GULF STRIKES IT RICH

SIX KINGDOMS OF OIL

The Persian Gulf Strikes it Rich ON a lonely stretch of sandy, salt-encrusted coastline ranging from Oman to Iran, in lands so parched that clear drinking water is a luxury, the greatest treasure hunt of modern times goes on. Bordering the Persian Gulf, sometimes thousands of feet below the surface, lies the greatest pool of oil in the world. So far, 50 billion barrels of oil reserves, worth at least $100 billion, have been found—and this is only the beginning.

This is no gold rush for amateurs. Already the West has invested $2 billion in the Persian Gulf...

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