{"id":610035,"date":"2023-10-12T11:48:36","date_gmt":"2023-10-12T06:18:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=610035"},"modified":"2023-10-12T11:48:36","modified_gmt":"2023-10-12T06:18:36","slug":"g-7-price-cap-on-russian-oil-tested-as-india-pays-record-premium","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/g-7-price-cap-on-russian-oil-tested-as-india-pays-record-premium\/","title":{"rendered":"G-7 price cap on Russian oil tested as India pays record premium"},"content":{"rendered":"<p>Refiners in India are buying cargoes of Russian oil at the widest premium above a G-7 imposed cap since the curb was introduced, highlighting the market\u2019s importance to Moscow and a gap that may intensify scrutiny of the controversial mechanism.<\/p>\n<p>Crude processors in the key importer paid an average of $86 a barrel for Russian shipments in August, according to the Ministry of Commerce and Industry. That\u2019s the biggest spread in dollar terms since the $60-a-barrel limit came into force after Moscow\u2019s invasion of Ukraine in the first quarter of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Refiners in India are buying cargoes of Russian oil at the widest premium above a G-7 imposed cap since the curb was introduced, highlighting the market\u2019s importance to Moscow and a gap that may intensify scrutiny of the controversial mechanism. Crude processors in the key importer paid an average of $86 a barrel for Russian shipments in August, according to the Ministry of Commerce and Industry. That\u2019s the biggest spread in dollar terms since the $60-a-barrel limit came into force after Moscow\u2019s invasion of Ukraine in the first quarter of 2022.<\/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-610035","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\/610035","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=610035"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/610035\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=610035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=610035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=610035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}