{"id":601089,"date":"2023-09-02T09:37:01","date_gmt":"2023-09-02T04:07:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=601089"},"modified":"2023-09-02T10:08:02","modified_gmt":"2023-09-02T04:38:02","slug":"dependence-on-cheap-russian-crude-oil-will-fall-sharply-hardeep-puri","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/dependence-on-cheap-russian-crude-oil-will-fall-sharply-hardeep-puri\/","title":{"rendered":"Dependence on cheap Russian crude oil will fall sharply: Hardeep Puri"},"content":{"rendered":"<p>India\u2019s splurge on cheap Russian crude may be over, as New Delhi\u2019s traditional suppliers in the West Asia step back in with attractive conditions. <\/p>\n<p>\u201cOur dependence on Russian oil is going to decrease sharply,\u201d Oil Minister Hardeep Puri said in an interview. \u201cThe cost viability from the Gulf is much more attractive now.\u201d <\/p>\n<p>India\u2019s consumption of Russian crude has soared since President Vladimir Putin\u2019s invasion of Ukraine in February last year, ousting Saudi Arabia and Iraq from the top spots. From negligible levels, it soared to account for nearly half of supplies in May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s splurge on cheap Russian crude may be over, as New Delhi\u2019s traditional suppliers in the West Asia step back in with attractive conditions. \u201cOur dependence on Russian oil is going to decrease sharply,\u201d Oil Minister Hardeep Puri said in an interview. \u201cThe cost viability from the Gulf is much more attractive now.\u201d India\u2019s consumption of Russian crude has soared since President Vladimir Putin\u2019s invasion of Ukraine in February last year, ousting Saudi Arabia and Iraq from the top spots. From negligible levels, it soared to account for nearly half of supplies in May.<\/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-601089","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\/601089","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=601089"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/601089\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=601089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=601089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=601089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}