India, Iraq discuss ways to expand oil trade: Hardeep Singh Puri

India aims to expand its annual oil purchases from Iraq from 1 billion barrels currently, Oil Minister Hardeep Singh Puri said on Twitter after meeting his Iraqi counterpart Hayan Abdel-Ghani in New Delhi on Tuesday.

Iraq used to be India’s top oil supplier but has slipped to second position as Indian refiners have ramped up purchases of Russian oil, sold at a discount since the war in Ukraine led to Western sanctions on Russia.