how has the discovery of oil changed the economy of saudi arabia
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The discovery of oil changed the entire economic situation of Saudi Arabia. ... Although oil was discovered in 1938, World War II curtailed oil-producing activities until near its end. The Ras Tanura refinery was opened in 1945, and rapid expansion of the oil industry followed to meet increasing postwar demand.
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1
Answer:
The discovery of oil changed the entire economic situation of Saudi Arabia. ... Although oil was discovered in 1938, World War II curtailed oil-producing activities until near its end. The Ras Tanura refinery was opened in 1945, and rapid expansion of the oil industry followed to meet increasing postwar demand.
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