BAGHDAD: India’s oil imports from Iraq have seen a sharp increase in January, according to Platts, climbing 56 percent to 2.48 million mt.
Eklavya Gupte, associate editor, Europe and Africa crude oil, at Platts said, “Indian refiners are importing Iraqi Basrah light crude oil to compensate for the drop in imports from Iran following western sanctions.
“The Indian refiners are now used to the Basrah light crude from Iraq.”
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
