{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fmint-primer.simplecast.com%2Fepisodes%2Fmaking-sense-of-the-windfall-tax-on-crude-oil-NxLv9iVk","width":444,"version":"1.0","type":"rich","title":"What explains the new windfall tax on crude oil?","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/ae6533df-095e-4fef-b7ef-69ea44f76a8c/b17b7a0b-895c-40c1-8bdd-ca05342dac66/whatsapp-image-2022-07-06-at-4-19-30-pm.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/491c2654-c994-4dd8-8d5d-49b4a60f4929\" height=\"200\" width=\"100%\" title=\"What explains the new windfall tax on crude oil?\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"On 1 July, the government imposed special additional excise duty of ₹23,250 per tonne on the sale of locally produced crude oil, sending stocks of oil producers tumbling. Here is what prompted the windfall tax, and its likely implications. "}