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US Russia sanctions bill cuts India, China tariff threat from 500% to 100%
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 bipartisan legislation targets Russian officials and financial institutions while discouraging oil purchases. It includes exemptions for countries reducing their natural gas imports from Russia. This revised measure aims to increase pressure on Moscow and honor Senator Lindsey Graham's legacy.
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axios.com
Senators introduce revised Russia sanctions bill to honor Graham
The bill would impose tariffs of 100% on Russia's top oil and gas importers
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kyivindependent.com
US lawmakers unveil updated Russia sanctions bill spearheaded by late Senator Graham
The bill would impose tariffs of up to 100% on the top five buyers of Russian oil or natural gas, while granting the U.S. president authority to waive the sanctions "upon a…
