India Monitors US 100% Tariff Threat On Russian Oil Buyers

India has confirmed it is closely monitoring the progress of the US Senate‑passed Sanctioning Russia and Iran Act of 2026, which authorises tariffs of up to 100 per cent on nations buying Russian oil and gas.The legislation, passed with an 86‑12 vote, now moves to the House of Representatives, raising potential implications for India as one of the largest importers of Russian crude.The Ministry
India has confirmed it is closely monitoring the progress of the US Senate‑passed Sanctioning Russia and Iran Act of 2026, which authorises tariffs of up to 100 per cent on nations buying Russian oil and gas.The legislation, passed with an 86‑12 vote, now moves to the House of Representatives, raising potential implications for India as one of the largest importers of Russian crude.The Ministry
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