Iraq overtakes Saudi Arabia as India's biggest Oil Supplier
Iraq has overtaken Saudi Arabia to become India's top crude oil supplier by supplying 38.9 million tonnes (MT) crude oil in the current financial year.
It was fifth of India's oil needs. India is 80% dependent on imports to meet its oil needs. India had imported 184.4 MT of crude oil during the April-January period of 2017-18 as compared to 213.9 MT in the entire 2016-17 fiscal, and 202.8 MT in 2015-16.