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Saudi Arabia will increase its supply to the Indian Oil Corp by two million barrels per month between this upcoming July and December to compensate for the lost oil exports from Iran. Aramco has an agreement with the Indian Oil Corp to export 5.6 million tons of oil for the financial year 2019/20 that started on April 1st.

Aramco to Supply India with Oil to Compensate for Lost Iranian Oil

Saudi Arabia will increase its supply to the Indian Oil Corp by two million barrels per month between this upcoming July and December to compensate for the lost oil exports from Iran.

Aramco has an agreement with the Indian Oil Corp to export 5.6 million tons of oil for the financial year 2019/20 that started on April 1st.

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