US becomes sixth largest supplier of crude to India: Dharmendra Pradhan
In a sign of strengthening bilateral ties, the United States has become the sixth largest supplier of crude oil to India, petroleum minister Dharmendra Pradhan said on Tuesday.
India had started importing crude oil from the United States after more than four decades, only in 2017-18. The jump of the US with in a span of three years is significant as India is importing crude from a wide basket of 39 countries.
“The US emerging as the sixth largest source for crude oil imports, is a significant development. India is also now the fourth largest export destination for US crude,” Pradhan said addressing a CII, US India Business Council event in Delhi.
