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Tag: Saudi Arabia

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The way people name places is about identity and history, but when it comes to the body of water between Iran and the Saudi Arabian Peninsula, what a country calls it reflects centuries of culture, politics, and national pride.
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Since the 11 September 2001 attacks, US air power has been used repeatedly across multiple regions under both Republican and Democratic administrations. The map summarises where airstrikes, drone strikes or missile attacks were carried out, but the underlying record shows continuity rather than exception.
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Venezuela leads the world in proven oil reserves in 2025 with an astonishing 303 billion barrels, followed closely by Saudi Arabia at 267 billion barrels, with Iran securing third place at 209 billion barrels.
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Sovereign wealth funds (SWFs) are powerful financial instruments used by governments to manage national savings, invest surplus revenues, and stabilise economies.
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Despite geopolitical tensions and environmental concerns, some nations continue to leverage their natural wealth to fuel development and global trade. As usual, some countries stand out for their share and possession of these natural resources.
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In a world where taxes are highly considered necessary, there are still countries where individuals enjoy the benefits of earning salaries and wages without paying income taxes.
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With the world witnessing unprecedented heatwaves and soaring temperatures, it is no news that water scarcity comes as a pressing global concern.

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