A new bill backed by 60 US Senators proposes imposing up to 100% tariffs on India and other nations purchasing Russian oil, with President Trump supporting its swift passage.

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.

The Sanctioning Russia Act would let Trump impose tariffs up to 500% on countries buying Russian energy, with major implications for global markets and

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…

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