I. 60% of the world's petroleum deposits are found in the Middle East.
II. Petroleum reserve in Alaska is certified equivalent to Texas.
III. U.S.A. is a prominent producer and importer for petroleum.
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Correct Answer: (d) All are true
Solution:The countries of Middle East i.e, Iran, Iraq, Kuwait, Saudi Arabia have more than 60% of the world's petroleum Reserve. So, statement I is true. According to Indian Minerals Year Book-2021, Middle East has the largest share (48.3%) of the world's petroleum deposits. The United States has petroleum reserves in 32 states. Three states with largest petroleum reserves are - Texas, Alaska and California. The petroleum deposits of Texas and Alaska are almost equal. Thus, statement II is also correct. Presently, there are more reserves in Alaska than Texas. According to World Mineral Production 2017-21 (Data 2021), USA is the largest producer of petroleum followed by Russia. U.S.A. is a prominent importer country but not top importer country in world. Thus, Statement III is also correct.