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.

The bill - which has been backed by the White House - could be passed before August and aims to cripple Russia’s revenues from its energy exports. | India News

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.…

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

A US bill proposes tariffs on countries buying Russian oil, potentially impacting India. This move could damage India-US relations, especially during trade deal talks. Europe…

Donald Trump says there is a ‘good chance’ that this bill passes

Is India facing 100% tariffs from the US for its Russian oil imports? A bipartisan group of US senators on Tuesday introduced a revised bill proposing 100% tariffs on five…