Current Affairs - International - Discussion

Union Ministry of Petroleum and Natural Gas Minister, Dharmendra Pradhan stated that, Iraq has overtaken Saudi Arabia to become India's top crude oil supplier in 2017-18. For April-October period of 2017-18, Iraq supplied 25.8 million tonnes (MT) of oil to India and overtook Saudi Arabia, which has traditionally been India's top oil supplier. Saudi Arabia supplied 21.9 MT of crude oilto India during this period. Currently, India's 80 per cent oil demand is met from imports.India imported 125.8 MT of crude oil in the April -October 2017.