OPEC’s second-largest producer, Iraq, exported crude oil and petroleum products worth $29.58 billion to India last year, trade data reported by Shafaq News showed on Tuesday. Iraq, which was India’s top crude oil supplier before 2022 and the flow of cheap Russian oil, unwanted or banned in the West, held in 2024 a market share of about 20% of all crude oil imports into India, the world’s third-largest crude importer.
Total Iraqi crude and refined petroleum product exports to India were valued at $29.58 billion, of which $28.6…Iraq’s Oil Exports to India Topped $29 Billion in 2024
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