Explained: The importance of Jaishankar's first visit to Saudi Arabia

Even after India gorging on cheap Russian crude oil in the recent months, Saudi Arabia is not a featherweight when it comes to fulfilling India's oil energy needs. The country with the largest proven crude oil reserves calls the shots when OPEC has to decide on production cuts and still accounts for 15% of India's crude oil imports — third highest after Russia (24%) and Iraq (21%), as of June.

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