⛽️ GLOBAL OIL RESERVES RANKING (BILLION BARRELS) 🌍
Energy markets are dominated by those who control the supply — but real influence comes from those who can effectively produce and export it.
📊 Top Nations by Proven Oil Reserves (Latest 2024 Data):
1️⃣ Venezuela — 303B 🛢️
2️⃣ Saudi Arabia — 267B
3️⃣ Iran — 209B
4️⃣ Canada — 163B
5️⃣ Iraq — 145B
6️⃣ UAE — 113B
7️⃣ Kuwait — 101B
8️⃣ Russia — 80B
9️⃣ United States — 74B
🔟 Libya — 48B
🔥 Key Insight:
Having the largest reserves doesn't always translate to market power. True dominance depends on production capacity, infrastructure, export capabilities, geopolitics, and stable global demand.
📈 With ongoing geopolitical shifts, oil remains a critical driver in energy markets and the global economy.
👀 Who do you think holds the strongest energy leverage today? $BONK $BOME $XAN
