A bill seeking to impose 100 per cent tariffs on five countries, including India and China, for buying Russian oil, while exempting European nations purchasing gas from Moscow, was introduced in the US Senate with the support of over 60 lawmakers.

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 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

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

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…