Asked in a 2019 paperHard

Which country has discovered a new oil field containing 53 billion barrels of crude oil on 10 Nov 2019?

Correct answer: B. Iran

  • A. Iraq
  • B. Iran
  • C. Saudi Arabia
  • D. Qatar

Explanation

Iran announced the discovery of an oil field in Khuzestan containing an estimated 53 billion barrels of crude oil in November 2019. This was a major addition to Iran's already substantial petroleum reserves.

Last updated

About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

Practise Global Economy

448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Exams that ask International Current Affairs questions like this

International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.

Related questions