Asia

How Much Do People Around the World Spend on Food?

Key Takeaways:

Where Are the World’s Largest Oil Reserves?

Key Takeaways

• The Middle East holds nearly half (48.3%) of the world’s oil reserves, totaling 870.9 billion barrels.
• Venezuela alone accounts for about 86% of Central and South America’s oil reserves.
• Canada holds approximately 82% of North America’s oil reserves, largely due to its vast oil sands deposits.

Oil remains vital to global transportation, industry, and trade, making the location of its reserves strategically important.

Published

October 20, 2026 9:56 am

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Julia Wendling

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• Athul Alexander

The following content is sponsored by Hinrich Foundation

 

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October 20, 2026 8:44 am

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Ryan Bellefontaine

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October 16, 2026 5:49 am

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By

Jenna Ross

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• Athul Alexander

The following content is sponsored by Plasma

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