{"id":593832,"date":"2023-07-27T11:31:34","date_gmt":"2023-07-27T06:01:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=593832"},"modified":"2023-07-27T11:33:09","modified_gmt":"2023-07-27T06:03:09","slug":"as-russian-oil-crosses-g7s-price-cap-us-eyes-soft-enforcement","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/as-russian-oil-crosses-g7s-price-cap-us-eyes-soft-enforcement\/","title":{"rendered":"As Russian oil crosses G7&#8217;s price cap, US eyes soft enforcement"},"content":{"rendered":"<p>The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven&#8217;s price cap on Russian oil as the crude trades over that level, sources and experts said.<\/p>\n<p>The approach reflects a desire by Washington to encourage buyers to adhere to the $60 per barrel cap imposed last December on sea-borne exports of Russian crude by the G7, the European Union and Australia in retaliation for Russia&#8217;s war on Ukraine.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven&#8217;s price cap on Russian oil as the crude trades over that level, sources and experts said. The approach reflects a desire by Washington to encourage buyers to adhere to the $60 per barrel cap imposed last December on sea-borne exports of Russian crude by the G7, the European Union and Australia in retaliation for Russia&#8217;s war on Ukraine.<\/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":[130,191,136],"tags":[],"class_list":["post-593832","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593832","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=593832"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593832\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=593832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=593832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=593832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}