The Sanctioning Russia Act of 2026 targets the five largest purchasers of Russian oil or natural gas

Jul 17, 2026

10:49 am

What's the storyA group of 60 United States Senators has endorsed new legislation that seeks to impose tariffs of up to 100% on India and four other countries for buying Russian oil.

The bill, named the Sanctioning Russia Act of 2026, was introduced on Friday and has the backing of President Donald Trump.