Question

b Why does India depend on other countries for oil imports?
c How do countries like USA with low oil reserves want to secure oil?​

Answer 1

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India imported no oil from Venezuela for the second month in a row in July, the data showed. During the month, Iraq retained its top oil supplier status to India followed by Saudi Arabia and United Arab Emirates. The US emerged as the fourth biggest supplier followed by Kuwait, Colombia and Qatar.

Energy independence is highly concerned with oil, the source of the country's principal transport fuels. In total energy consumption, the US was between 86% and 91% self-sufficient in 2016. In May 2011, the country became a net exporter of refined petroleum products.