The nations of the Arabian peninsula like Saudi Arabia, United Arab Emirates, and Oman used oil profits that they were able to garner by exporting large amounts of oil from their deposits to develop new infrastructure and there have also been recent efforts to diversify the economies by promoting new industries. They also invested in services like health and education. Each of these countries has adopted development plans that seek to reduce their dependence on oil exports to fuel their economies.
Explanation:They include gasoline, kerosene, diesel oil, lubricants, waxes, and liquefied petroleum gas. The downstream stage of the petrochemical industry includes hydrodesulphurization as well.
