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In October 1973, many members of OPEC placed an oil embargo on the United States, Canada, Japan, the Netherlands, and the United Kingdom due to their support for Israel in what Middle Eastern conflict?

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Oil is measured in barrels, which is equal to 42 US gallons or 159 liters.

Venezuela leads the world with 300.9 billion barrels of oil reserves – a 17.8 per cent share of global reserves.


1. In October 1973, many members of OPEC placed an oil embargo on the United States, Canada, Japan, the Netherlands, and the United Kingdom due to their support for Israel in what Middle Eastern conflict?





 
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