US NOT IRAN: INDIA'S BIGGEST CRUDE OIL EXPORTER

Highlights

• Imports from Iran went down to zero in the current financial year from a record high of 27.2 million tonne (MT) in the year 2016-17

• The US replaced majority of Iran crude in terms of imports that surged from zero in 2016-17 to 10.8 MT in the period between April and January of the current financial year

• While the crude oil imports from Iran in 2019-20 went down to 1.7 MT, from the U....