A bipartisan US Senate bill proposes sweeping sanctions against Russia's economy. This legislation could impose tariffs on countries buying significant amounts of Russian oil. India is named among five nations potentially facing these new trade penalties. The bill aims to discourage continued energy purchases from Russia. Its passage requires approval from both the Senate and the House of Representatives.

Senator Graham's Russia Sanctions Bill remains a significant concern for India's energy security. This legislation targets countries purchasing Russian energy, placing India and…

Graham introduces a tariffs bill targeting China and India for Russian oil purchases. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

US senators introduce a revised Russia sanctions bill targeting Russian officials and major buyers of Russian oil, including China and India.

US Senate unveiled a revised Russia sanctions bill with softened oil tariff penalties. Major buyers like India and China will face up to 100% tariffs instead of 500%. The…