The middle east accounts for 34.5% (over one third) of global oil production according to BP’s Energy Statistical review.
That does this mean ?
Iran 5.0%
Iraq 4.8%
Kuwait 3.4%
Oman 1.1%
Qatar 2.1%
Saudi Arabia 13.4%
Syria no figure
United 4.4%
Yemen no figure
Other Middle East 0.2%
Total = 34.5%
This 34.5% is 31,789,000 barrels of oil a day.
the value is that oil is worth about $70 a barrel, thus:-
31,789,000 barrels of oil a day x $70 = $2,225,230,000.00
That is $2.225 Billion a day.