Top 5 purchasers of Russian crude are China, India, Slovakia, Hungary & Azerbaijan. The bill proposes exemptions for countries that import less than 15% of their natural gas from Russia.

US senators on Tuesday unveiled a revised version of a Russia sanctions bill that seeks to pressure Moscow and its major energy buyers, including India and China, while easing…

An updated version of the Russia sanctions bill eases the original proposal's tariff threat on China, India and other importers of Russian oil and gas.

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…

Proposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limited spare production capacity. US…

The US’ proposed bill to penalise buyers of Russian oil and gas supplies may complicate India’s quest for energy security