It also might do a lot to make poor countries more prosperous. Thats a good thing.
It matters some, tho, just how a nation becomes prosperous. When oil became a valuable mineral, in America the preponderance of it was exploited on private land, and so private individuals gained dramatically from it. But when a government gets all the money, you have an entirely different effect - government hypertrophy.
Quite right, of course. As I understand it, few countries have much in the way of private property ownership of mineral rights.
Doesn’t make a difference when it comes to defunding Islam, though. A barrel of oil not from a Muslim land is a barrel of oil not from a Muslim land.