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 would impose tariffs of 100% on Russia's top oil and gas importers

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…

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