What natural resource is primarily extracted in Saudi Arabia? 🔊
The natural resource primarily extracted in Saudi Arabia is oil. The country possesses one of the largest oil reserves in the world and has been a leading oil exporter for decades. Oil extraction plays a vital role in Saudi Arabia's economy, contributing significantly to the nation's GDP, government revenues, and foreign exchange earnings. The country is a prominent member of the Organization of the Petroleum Exporting Countries (OPEC) and has invested heavily in infrastructure and technology to enhance its oil production capabilities. The oil industry has transformed Saudi Arabia into one of the wealthiest nations in the Middle East.
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