{"id":525846,"date":"2022-09-29T12:02:33","date_gmt":"2022-09-29T06:32:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=525846"},"modified":"2022-09-29T12:02:33","modified_gmt":"2022-09-29T06:32:33","slug":"how-high-crude-oil-prices-are-breaking-indias-back","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-high-crude-oil-prices-are-breaking-indias-back\/","title":{"rendered":"How high crude oil prices are \u2018breaking India\u2019s back\u2019"},"content":{"rendered":"<p>NEW DELHI: Foreign minister S Jaishankar was not wrong when he said on Tuesday high oil prices are breaking India\u2019s back. Despite cheap crude import from Russia, India\u2019s crude oil basket has averaged above $100 a barrel so far this year. As per the Petroleum Planning and Analysis Cell, a body of the Petroleum ministry, India\u2019s crude basket more than doubled in the past 3 years, taking crude prices from an average $45 per barrel in 2020-21 to $104 per barrel in 2022-23 (till September).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Foreign minister S Jaishankar was not wrong when he said on Tuesday high oil prices are breaking India\u2019s back. Despite cheap crude import from Russia, India\u2019s crude oil basket has averaged above $100 a barrel so far this year. As per the Petroleum Planning and Analysis Cell, a body of the Petroleum ministry, India\u2019s crude basket more than doubled in the past 3 years, taking crude prices from an average $45 per barrel in 2020-21 to $104 per barrel in 2022-23 (till September).<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-525846","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525846","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=525846"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525846\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=525846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=525846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=525846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}