With oil trading at more than $100 a barrel, Abu Dhabi holds a jackpot-winning ticket in the lottery of life. The emirate sits on reserves of nearly 100 billion barrels, about 9 per cent of the world’s proven supply. At today’s pumped-up price, its subterranean treasure is worth at least $10 trillion.

Disagree with half of it, enjoy reading all of it
TRY 3 MONTHS FOR $5
Our magazine articles are for subscribers only. Start your 3-month trial today for just $5 and subscribe to more than one view
Already a subscriber? Log in
Comments
Join the debate for just £1 a month
Be part of the conversation with other Spectator readers by getting your first three months for £3.
UNLOCK ACCESS Just £1 a monthAlready a subscriber? Log in