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When Iraq raised its estimate of proven oil reserves Monday, the world had to revise the list of nations with the most reserves. Not counting Canada's oil sands, here's a look at the new Top 5 nations:
By boosting the official estimate of reserves by 25 percent Monday, Iraq Oil Minister Hussain al-Shahristani edged out next-door Iran as the world's No. 3 oil nation. The revision comes after exploration efforts, launched two years ago, offered an updated estimate of reserves, the ministry said.
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