Which of the following countries has largest reserves of Petroleum in the world?
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Kuwait
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Iraq
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Saudi Arabia
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UAE
C
Correct answer
Explanation
Saudi Arabia has held the world's largest proven petroleum reserves since the 1960s, with approximately 267 billion barrels as of recent estimates. While Venezuela technically has larger reserves if extra-heavy oil is included, Saudi Arabia's conventional crude reserves are the largest and most accessible. Kuwait, Iraq, and UAE all have significant reserves but rank below Saudi Arabia.