1938day.year

Oil is discovered in Saudi Arabia.

Oil was discovered at the Dammam No. 7 well in Saudi Arabia, launching the kingdom's rise to global petroleum prominence.
After several dry holes, Standard Oil of California's Dammam No. 7 well struck oil on March 3, 1938, in the Eastern Province of Saudi Arabia. The gusher revealed vast petroleum reserves beneath the Arabian desert. This discovery transformed Saudi Arabia's economy and accelerated its modernization. It led to the founding of the Arabian American Oil Company (Aramco). Oil revenues funded infrastructure, education, and public services across the kingdom. Saudi Arabia soon emerged as a leading force in the global energy market.
1938 Oil discovered Saudi Arabia