The Middle East is not only the world's larder, with its vast oil, gas and uranium wealth, but also the most important intersection of global transport corridors. What happens if war closes the Strait of Hormuz, the Bab-el-Mandeb Strait and the Suez Canal?
According to the US Department of Energy, the United States is the world's largest crude oil producer, pumping almost 13 million barrels a day. This article looks at Texas, the country's energy heartland and second most populous state.
Saudi Arabia ranks 16th by GDP (PPP), and its oil wealth is managed by the state giant Saudi Aramco. The non-oil economy is now growing fast, even as hydrocarbons stay central to modern manufacturing.
Saudi Arabia is OPEC's most important member and a top-three crude producer. Together, OPEC and OPEC+ pump some 46% of the world's oil, which gives them real power over prices.
