Iraq Becomes India’s Biggest Oil Supplier

Iraq has become India’s biggest crude oil supplier by overtaking Saudi Arabia with a wide margin in this current financial year.

Iraq supplied 38.9 million tonnes (MT) of oil, which was more than 20% of country’s oil needs. India is 80% dependent on imports to meet its oil needs.
Source- The Hindu
Static/Current Takeaways Important for Exams-
  • Iraq Capital- Baghdad, Currency- Iraqi dinar
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