US Senate Passes Russia Sanctions Bill; India's Oil Imports Unlikely to Be Hit Immediately
- The US Senate passed a bipartisan Russia sanctions bill giving the President authority to impose tariffs up to 100% on imports from the world's top Russian oil buyers, pending House approval and the President's signature.
- India's imports of Russian crude surged to a record 2.8 million barrels per day in July 2026, making Russia its largest crude supplier with about 55.5% of total imports, but immediate disruptions to India's oil imports are unlikely.
12 Articles
12 Articles
A bill authorizing Donald Trump to impose tariffs of up to 100% on major buyers of Russian oil has been passed in the Senate. Experts argue this is anti-India.
Senate Passes Bill That Could Hit India With Tariffs Up To 100%
President Donald Trump and Indian Prime Minister Narendra Modi deliver joint statements in New Delhi on February 25, 2020. | Image by YashSD/Shutterstock.The United States has not imposed a new blanket 100% tariff on Indian goods. The U.S. Senate passed a Russia sanctions bill Friday that could subject India to additional tariffs as high as 100% if the country continues purchasing Russian oil and meets the legislation’s other requirements. The m…
New US Tariffs On India? US Senate Passes Russia Sanctions Bill, New Delhi Could Face 100% Tariffs
India could soon face the threat of 100% US tariffs under a sweeping Russia sanctions bill passed by the US Senate. The legislation allows the US President to impose punitive tariffs on the world's five biggest buyers of Russian oil and natural gas, a list that currently includes India and China. The bill is aimed at increasing pressure on Moscow by targeting countries that continue purchasing Russian energy despite the ongoing Ukraine war.
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