US sanctions effect : Iraq gains lost ground as oil exporter to India , fast closing gap with Russia

As US sanctions impact Russian oil supplies, India is moving back to West Asian sources, with Iraq resuming its role as a major exporter.

Source livemint.com AI Summary Updated January 27, 2026

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Freshness Stale Updated January 27, 2026

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AI Summary

As US sanctions impact Russian oil supplies, India is moving back to West Asian sources, with Iraq resuming its role as a major exporter. This transition also signals Iraq catching up on Russia and India

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