Iraq precedes Saudi Arabia in supplying oil to India

SANAA, Sep. 11 (YPA) – According to data from the oil sector and maritime sources, Iraq replaced Saudi Arabia in August as the largest oil supplier to India.

According to Reuters, “data from the oil sector and navigational sources showed that Iraq replaced Saudi Arabia in August as the largest oil supplier to India With turning refining companies shifted to Iraqi supplies to compensate for lower purchases of Iranian crude before the imposition of US sanctions in November “.

“The data from the oil sector and unnamed shipping sources showed that India’s imports fell as the largest purchaser of Tehran’s oil after China, to about a third and reached about 523 thousand barrels per day last month compared with July,” the agency said.

According to data, despite the decline in purchases, Iran remained the third largest oil supplier to India.

Sameera Hassn