TNPSC Thervupettagam

Biggest Oil Supplier to India

April 25 , 2023 580 days 554 0
  • Russia was the largest exporter of crude oil to India by value in February in spite of the western price cap of $60 per barrel.
  • Crude imports from Russia in February stood at $3.35 billion.
  • It is followed by Saudi Arabia at $2.30 billion and Iraq $2.03 billion.
  • Between April and February Indian import of Russian oil jumped to $27 billion.
  • Moscow became the second largest crude exporter to New Delhi in FY23.

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