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Not exactly low quality, there's more into this than it appears. Central and South America, Caribbean, China and Iranian crude oil are rare mineral heavy which historically has been very difficult to refine, which is why American imperialists favors Gulf vassals for clean crude oil. However as the needs for rare earth manufacturing driven by the material conditions of tech industry competition, these countries are sitting on the resource treasures that could be utilized to alleviate their own inequality and industrialization, but there's only two countries that have this kind of tech, one is China and the other is USA, and the latter is running out of rare earth reserves which is why they're in Venezuela and especially Iran right now. Americans are methodically ruthless empire that stop at nothing until they get their profit, until they get smothered by the indigenous like Iran done to them in Isfahan battle. The map below should explain why.