(the main source of government Pevenuej (2) 2.9 million barrels a day - Irag oil
ID: 113204 • Letter: #
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(the main source of government Pevenuej (2) 2.9 million barrels a day - Irag oil export (averencen At current prices, what is the total With the current Iraqi population, and the revenue seems to "vanish" (include this aspect) approximate annual incom in 2013) annual oil-revenue of Iraq? fact that 50% of the what is the e per-Iraqi (per-person) from oil? (3) Hidden costs The Persian Gulf region (Arabia, Kuwait, Iraq, Iran, etc.) produces about 20 million barrels of oil per day. Since 2000, the average USA involvement in the region costs about $250 billion per year (minimum; includes adjacent Syria and Afghanistan). A stated purpose of USA military presence is "to stabilize the flow of oil from the region". Therefore, what is this "extra annual security cost per barrel"? (4) Shiite versus Sunni The conflict between these philosophies has been and will be a major factor in stability of many Middle East nations and conflicts between them; therefore affecting oil production/prices. What are the main differences, and Why do these two religious groups dislike each other? Iplease be concise]Explanation / Answer
After the death of PROPHET MUHAMMAD Islam was split into two major groups namely:
1. SUNNI:
Sunniis are the largest denomination about 80 percentage of group of Islam. Sunnis follow the traditions of Prophet Muhammad
2. SHIITES:
They are the second largest denomination about 10 percentage of all Muslims global population. and strictly follow Muhammad's teaching.
At present the entire Saudi Arabia is ruled by Sunni monarchy, mean while Republican Iran is ruled by Shiites. If we consider both these places both are basically oil producers but the land mass availability and less populated factors.
The divison between Sunnis and Shiites is the largest and oldest in the history of Islam. The major reason why these two groups dislike each other because Sunnis do believe that Shiites always deviate from Muhammad's teachings. Sunnis also dislike their leader election process because Shiites always elect their leader within Muhammad's family(heredity).
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