Iraq emerges as India’s second-largest oil supplier

Iraq’s weekly oil exports to US hit 43,000 bpd after complete halt
October 1, 2026

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Iraq emerges as India’s second-largest oil supplier

Baghdad (IraqiNews.com) – Iraq became the second-largest oil supplier to India in September, reflecting an increase in supplies to the Indian market compared to the previous month.

Data from Kpler, a leading data platform that tracks commodity flows and maritime shipping, indicates that India’s imports of Iraqi crude reached approximately 579,000 barrels per day between September 1 and September 27.

Iraq followed Russia, which was the largest oil supplier to India, with 1.74 million barrels per day. Saudi Arabia supplied 570,000 barrels per day, followed by the UAE with 483,000 barrels per day and Kuwait with 333,000 barrels per day.

India’s total crude oil imports during September reached approximately 5.25 million barrels per day, a 13 percent increase compared to the average of 4.65 million barrels per day in August.

India’s imports of Iraqi oil stood at 163,000 barrels per day in August, implying that Iraqi supplies increased by around 416,000 barrels per day throughout September.

Iraqi oil exports to India fell in the first half of 2026, as Indian refineries diversified their crude import sources to minimize the geopolitical risks associated with shipping difficulties through the Straits of Hormuz.

According to officials at Indian refining companies and the Indian Ministry of Petroleum, the goal of this measure is to improve supply security.

The drop in Iraqi supplies to India comes at a time when the global oil market is under increased pressure due to security worries along critical maritime routes. This pressure is causing consumers in Asia to split their purchases among many producing countries.

Iraqi oil remains a vital resource for India due to supply security and the high quality of Basra crude.

Experts anticipate that continuing instability in the Middle East will raise oil prices and pose new hurdles for Asian oil-importing countries.

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