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
Persian Gulf petrochemical industry. In 2002, the Persian Gulf nations of Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the UAE produced about 25% of the world's oil, held nearly two-thirds of the world's crude oil reserves, and about 35% of the world's natural gas reserves. The oil-rich countries (excluding Iraq) that have a coastline on the Persian Gulf are referred to as the "Persian Gulf States". Iraq's egress to the gulf is narrow and easily blockaded consisting of the marshy river delta of the Shatt al-Arab, which carries the waters of the Euphrates and the Tigris rivers, where the east bank