{"id":540985,"date":"2022-12-05T11:07:37","date_gmt":"2022-12-05T05:37:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=540985"},"modified":"2022-12-05T12:56:17","modified_gmt":"2022-12-05T07:26:17","slug":"oil-price-cap-on-russian-oil-will-benefit-emerging-markets-help-constrain-putins-finances-us-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-price-cap-on-russian-oil-will-benefit-emerging-markets-help-constrain-putins-finances-us-2\/","title":{"rendered":"Oil price cap on Russian oil will benefit emerging markets, help constrain Putin\u2019s finances: US"},"content":{"rendered":"<p>The US has welcomed the USD 60-per-barrel price cap on Russian oil, describing it as an \u201cimportant tool\u201d that will benefit emerging markets and low-income economies and further cripple President Vladimir Putin\u2019s finances used to fund his \u201cbrutal invasion\u201d on Ukraine. <\/p>\n<p>The European Union reached a deal on Friday for a USD 60-per-barrel price cap on Russian oil. The Group of Seven nations and Australia joined the European Union in adopting the price cap on Russian oil, aimed at significantly reducing Moscow\u2019s income and President Putin\u2019s ability to continue to finance the war in Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US has welcomed the USD 60-per-barrel price cap on Russian oil, describing it as an \u201cimportant tool\u201d that will benefit emerging markets and low-income economies and further cripple President Vladimir Putin\u2019s finances used to fund his \u201cbrutal invasion\u201d on Ukraine. The European Union reached a deal on Friday for a USD 60-per-barrel price cap on Russian oil. The Group of Seven nations and Australia joined the European Union in adopting the price cap on Russian oil, aimed at significantly reducing Moscow\u2019s income and President Putin\u2019s ability to continue to finance the war in Ukraine.<\/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-540985","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\/540985","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=540985"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/540985\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=540985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=540985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=540985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}