Persian Gulf since it withdrew from East of Suez in 1971. The Persian Gulf is home to many islands such as Bahrain, an Arab state. Geographically the biggest island in the Persian Gulf is Qeshm island located in the Strait of Hormuz and belongs to Iran. Other significant islands in the Persian Gulf include Greater Tunb, Lesser Tunb and Kish administered by Iran, Bubiyan administered by Kuwait, Tarout administered by Saudi Arabia, and Dalma administered by UAE. In recent years, there has also been addition of artificial islands for tourist attractions, such as The World Islands in Dubai and The Pearl-Qatar in
Gulf of Venezuela in 1941, but not the maritime. The main factor that gives importance to these waters is the fact that it connects the Caribbean Sea and Lake Maracaibo, an important source of crude petroleum for Venezuela. The gulf therefore helps connect the wells and refineries in Lake Maracaibo to the world markets. Gulf of Venezuela The Gulf of Venezuela is a gulf of the Caribbean Sea bounded by the Venezuelan states of Zulia and Falcón and by Guajira Department, Colombia. A strait connects it with Maracaibo Lake to the south. The Gulf is located in the north of South America, between