{"id":540621,"date":"2022-12-03T12:43:18","date_gmt":"2022-12-03T07:13:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=540621"},"modified":"2022-12-03T13:03:44","modified_gmt":"2022-12-03T07:33:44","slug":"explained-what-will-be-the-impact-of-eus-ban-and-price-cap-on-russian-oil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/explained-what-will-be-the-impact-of-eus-ban-and-price-cap-on-russian-oil\/","title":{"rendered":"Explained: What will be the impact of EU&#8217;s ban and price cap on Russian oil?"},"content":{"rendered":"<p>Western governments are aiming to cap the price of Russia&#8217;s oil exports in an attempt to limit the fossil fuel earnings that support Moscow&#8217;s budget, its military and the invasion of Ukraine.<\/p>\n<p>The cap is supposed to take effect Monday, the same day the European Union will impose a boycott on most Russian oil \u2014 its crude that is shipped by sea.<\/p>\n<p>The EU was moving closer to a USD 60-per-barrel threshold, but negotiations were still underway on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Western governments are aiming to cap the price of Russia&#8217;s oil exports in an attempt to limit the fossil fuel earnings that support Moscow&#8217;s budget, its military and the invasion of Ukraine. The cap is supposed to take effect Monday, the same day the European Union will impose a boycott on most Russian oil \u2014 its crude that is shipped by sea. The EU was moving closer to a USD 60-per-barrel threshold, but negotiations were still underway on Friday.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-540621","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/540621","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=540621"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/540621\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=540621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=540621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=540621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}