That's right, the most needed resource today is crude oil. dubai is one of the largest oil producers today and it is very influential for the people's economy. we can see that from the large projects that are often built in dubai and the vehicles that are mostly used by the people there. Whoever controls oil will rule the world.
Its true that oil mostly run the world since most of machinery and autoindustry still using oil. Dubai grab the opportunity of being the oil capital in the world that drastically change their country but they also know oil is not permanent time comes it all exhausted, i think if most country change their view on how to care planet earth then oil will not as much important. By changing to renewable energy and converting auto industry to use electric then we have a brighter future on this planet.
Crude oil is very important today, because most of the machines used by humans still use fuel oil. Therefore, the middle eastern country which does
have quite a lot of oil reserves, is now indeed a rich country. But the limited amount of crude oil, makes people think about looking for other
alternatives. Moreover, the use of oil as a fuel can damage the environment, so slowly several large countries began to switch to using electricity.
So in the future the possibility of oil is no longer important, because everything will use electricity. Therefore, a country that has a lot of oil reserves,
if not put to good use of the money from the sale of crude oil, in the future will not be a rich country anymore.