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The Economic Times

Economy / The Economic Times

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Russia barrels back to top Indias oil game as Middle East war shakes markets

February saw Iraq take the lead as India's primary oil supplier, overtaking Russia amidst a backdrop of reduced imports from the latter. This reshuffle in supply dynamics raises eyebrows, with predictions hinting at Russia's possible comeback soon. Meanwhile, the Middle East has bolstered its presence in India's oil market.

20 Mar 2026 6:17 pm