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Q.

Name the country that has become India's biggest crude oil supplier in the financial year 2017-18.

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a

Iraq

b

Iran

c

The UAE

d

Saudi Arabia

answer is A.

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Detailed Solution

India, which is 83 percent dependent on imports to meet its oil needs, bought 111.4 million tonnes of crude oil from overseas in April-September. Saudi Arabia has traditionally been India's top oil source, but it was for the first time Iraq was brought down in the 2017-18 financial year.

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