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87 yrs ago, Saudi Arabia discovered oil, transforming its economy
short by / on Monday, 3 March, 2025
Exactly 87 years ago, Saudi Arabia witnessed a historic breakthrough when an American-owned oil well in Dhahran struck a massive petroleum reserve on March 3, 1938. The discovery marked the beginning of the transformation of Saudi Arabia into one of the largest oil producers and exporters in the world. It later reshaped the country's economy, infrastructure, and global influence.
read more at The Siasat Daily