Decreasing demands for oil will significantly impact the economies of many countries in the Middle East region,as these countries are either oil producers or labor exporters for the
oil- producing countries.

Question

Quizplus · Accepted Answer

Middle Eastern countries heavily rely on revenue from oil production and labor exported for oil production, thus any decrease in demand for oil will have a significant impact on their economies.

Decreasing Demands for Oil Will Significantly Impact the Economies of Many