Iran topples Kuwait as fifth largest crude oil supplier

Q.  Iran has replaced which country as the fifth largest crude oil supplier in the first half of 2015-2016, according to GoI data?
- Published on 09 Dec 15

a. Kuwait
b. Bahrain
c. UAE
d. None of the above

ANSWER: Kuwait
 
Iran has replaced Kuwait to become the fifth largest crude oil supplier in the first half of fiscal 2015-2016, selling over 6.5 million tons of oil. Iran is also the second biggest supplier of crude oil after Saudi Arabia till the year 2010-2011. India is dependent on imports to meet needs to the tune of 80%.

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