A proposed US sanctions bill targeting Russian oil buyers could affect trade talks with India. White House officials stated negotiators will decide any impact on ongoing discussions. Senators are advancing legislation that could impose tariffs on countries buying Russian energy. This measure aims to curb revenues supporting Russia's military actions in Ukraine. India and the US continue trade negotiations despite evolving tariff structures.

US Senate approves tariffs on India over Russian oil purchases. Crude oil reaching a new all-time high by December 31 at 11.5% YES.

A proposed US sanctions bill targeting Russian oil buyers could affect trade talks with India. White House officials stated negotiators will decide any impact on ongoing…