{"id":489211,"date":"2022-05-05T09:24:31","date_gmt":"2022-05-05T03:54:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=489211"},"modified":"2022-05-05T10:12:39","modified_gmt":"2022-05-05T04:42:39","slug":"india-says-sudden-halt-to-russian-oil-imports-would-hurt-citizens","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-says-sudden-halt-to-russian-oil-imports-would-hurt-citizens\/","title":{"rendered":"India says sudden halt to Russian oil imports would hurt citizens"},"content":{"rendered":"<p>India defended its continued purchases of Russian oil on Wednesday, saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports would jack up world prices and hurt its consumers.<\/p>\n<p>Attracted by discounts, the world&#8217;s third-largest crude oil importer has bought more than twice as much oil from Russia since it invaded Ukraine as in the whole of 2021, coming into spotlight at a time when Western sanctions have prompted many oil importers to shun trade with Moscow. <\/p>\n<p>The European Union, the biggest buyer of Russian energy, on Wednesday proposed phasing out imports of Russian crude within six months and refined products by end-2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India defended its continued purchases of Russian oil on Wednesday, saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports would jack up world prices and hurt its consumers. Attracted by discounts, the world&#8217;s third-largest crude oil importer has bought more than twice as much oil from Russia since it invaded Ukraine as in the whole of 2021, coming into spotlight at a time when Western sanctions have prompted many oil importers to shun trade with Moscow. The European Union, the biggest buyer of Russian energy, on Wednesday proposed phasing out [&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":[135,130,169],"tags":[],"class_list":["post-489211","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/489211","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=489211"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/489211\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=489211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=489211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=489211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}