Abstract:
This research aims to the importance of oil in achieving economic
security in the Arab. Oil is not an ordinary subject and returns it significance to
the followings:
1. The importance of skipping a source of energy.
2. The importance of oil as raw material for petrochemical industry.
3. The importance of the oil sector as an area of foreign investment
4. The importance of oil in the marketing activities, transport, insurance
and various services
In addition to the importance of oil in general and the Arab oil has
additional strategic advantages such as geographic location, And the
magnitude of reserves and production of heavy investment costs are relatively
simple, And the ability to meet the emergency needs of the market quickly and
at low cost.
These features and benefits that are granted to the decision makers in
the Arab oil sense, power and ability to meet the emergency needs of the
market quickly and at low cost.
ولاء طارق حميد, Mustansiriyah Journal of Sports Science, 2021
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