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Saudi Arabia’s 11.1 M Daily Barrels Underwrite a $74.8 B War Chest—That’s About $18 of Defense Muscle for Every Barrel It Pumps in a Year
247wallst.com/military/2025/05/07/saudi-arabias-11-1-m-daily-barrels-underwrite-a-74-8-b-war-chest-thats-about-18-of-defense-muscle-for-every-barrel-it-pumps-in-a-year
Key Points
Nations that produce more crude oil than others, typically have stronger economies and militaries
Saudi Arabia and the United States are some of the biggest oil producers in the world
Oil production acts as an indicator for strength on the world stage
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This story appeared on 247wallst.com, 2025-05-07 14:54:33.