As of December 2019, _______ was the largest crude oil supplier to India.
This questions was previously asked in
SSC CGL 3rd March 2020 Shift-3
Saudi Arabia
Incorrect AnswerUnited Arab Emirates
Incorrect AnswerExplanation:
- Option 1: Iraq
- As of December 2019, Iraq was indeed the largest supplier of crude oil to India. Iraq provided a significant portion of India's crude requirements, benefitting from both cost advantages and high-quality crude oil.
- Option 2: Saudi Arabia
- Saudi Arabia has traditionally been a major oil supplier to India but had been surpassed by Iraq during this period due to competitive pricing and favorable trade terms.
- Option 3: United Arab Emirates
- The UAE is also a notable supplier of crude oil to India. However, it was not the largest supplier compared to Iraq and Saudi Arabia as of December 2019.
- Option 4: Iran
- Iran was previously a significant supplier to India. However, due to U.S. sanctions, India's imports from Iran considerably reduced, making it a lesser supplier by December 2019.
Correct Answer: Option 1: Iraq