{"id":471794,"date":"2022-02-28T11:16:54","date_gmt":"2022-02-28T05:46:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=471794"},"modified":"2022-02-28T12:13:55","modified_gmt":"2022-02-28T06:43:55","slug":"oil-surges-on-russia-nuclear-alert-as-sanctions-intensify","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-surges-on-russia-nuclear-alert-as-sanctions-intensify\/","title":{"rendered":"Oil surges on Russia nuclear alert as sanctions intensify"},"content":{"rendered":"<p>Oil prices jumped Monday as escalating sanctions against Russia over its invasion of Ukraine, which, in turn, led President Vladimir Putin to put his country&#8217;s nuclear deterrent on high alert. <\/p>\n<p>Brent jumped back above $100 a barrel, initially surging more than $7, as the nuclear alert and bank payment constraints heightened fears that oil shipments from the world&#8217;s second-largest producer could be disrupted. Russia accounts for about 10 per cent of global oil supply.<\/p>\n<p>At 7.58 am, Brent crude futures were up $3.95, or 4 per cent, at $101.88, after hitting a high of $105.07 a barrel in early trade. Last week, the benchmark hit a more than seven-year high of $105.79 after Russia&#8217;s invasion of Ukraine began.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices jumped Monday as escalating sanctions against Russia over its invasion of Ukraine, which, in turn, led President Vladimir Putin to put his country&#8217;s nuclear deterrent on high alert. Brent jumped back above $100 a barrel, initially surging more than $7, as the nuclear alert and bank payment constraints heightened fears that oil shipments from the world&#8217;s second-largest producer could be disrupted. Russia accounts for about 10 per cent of global oil supply. At 7.58 am, Brent crude futures were up $3.95, or 4 per cent, at $101.88, after hitting a high of $105.07 a barrel in early trade. [&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":[146,130,177],"tags":[],"class_list":["post-471794","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471794","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=471794"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471794\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=471794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=471794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=471794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}