{"id":262752,"date":"2019-03-06T06:59:37","date_gmt":"2019-03-06T06:59:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=262752"},"modified":"2019-03-06T07:09:37","modified_gmt":"2019-03-06T07:09:37","slug":"fresh-drill-for-us-crude-breather","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fresh-drill-for-us-crude-breather\/","title":{"rendered":"Fresh drill for US crude breather"},"content":{"rendered":"<p>India and the US have started negotiations to extend the 180-day waiver by Washington on the purchase of Iranian crude in November.<\/p>\n<p>Sources said the Trump administration wanted New Delhi to reduce crude purchase as a condition to continue with the waiver.<\/p>\n<p>Crude oil imports from Iran have been on a decline since November last year on the back of fresh US sanctions against the west Asian country.<\/p>\n<p>However, oil imports from Iran during April-January 2018-19 rose 16.3 per cent to 21.32 million tonnes, according to latest government data.<\/p>\n<p>New Delhi and Tehran have signed bilateral agreements to settle oil trades through state-owned Uco Bank in Indian currency, which is not freely traded in international markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India and the US have started negotiations to extend the 180-day waiver by Washington on the purchase of Iranian crude in November. Sources said the Trump administration wanted New Delhi to reduce crude purchase as a condition to continue with the waiver. Crude oil imports from Iran have been on a decline since November last year on the back of fresh US sanctions against the west Asian country. However, oil imports from Iran during April-January 2018-19 rose 16.3 per cent to 21.32 million tonnes, according to latest government data. New Delhi and Tehran have signed bilateral agreements to settle oil [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-262752","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=262752"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262752\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=262752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=262752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=262752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}