2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Iran
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Iraq
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Saudi Arabia
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Qatar
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Detailed explanation-1: -Russia has overtaken Saudi Arabia to become India’s second-biggest supplier of oil behind Iraq as refiners snap up Russian crude available at a deep discount following the war in Ukraine, industry data showed.
Detailed explanation-2: -As per Vortexa, India imported just 36, 255 barrels per day of crude oil from Russia in December 2021, compared to 1.05 million bpd from Iraq and 9, 52, 625 bpd from Saudi Arabia.
Detailed explanation-3: -Russia has for the first time emerged as top oil supplier to India replacing Iraq as refiners last month snapped up oil from Moscow fearing a price cap from Dec.
Detailed explanation-4: -Russia Becomes Second-Biggest Crude Oil Supplier To India, Surpasses Saudi Arabia. China also increased Russian oil purchases by 55 per cent in May as Russia surpassed Saudi Arabia as the top oil seller to China.