India, Aug. 8 -- The US Senate on Friday approved legislation that could pave the way for tariffs of up to 100% on countries purchasing Russian oil, gas and other exports, with India among five economies specifically named by the bill's sponsors. The measure passed by an overwhelming 86-11 vote and now moves to the House of Representatives, potentially giving Washington another economic lever in its ongoing trade negotiations with New Delhi.

What Does The US Senate's Russia Sanctions Bill Propose?

The legislation, officially known as the Lindsey O Graham Sanctioning Russia and Iran Act 2026, sets a maximum tariff rate of 100% on imports from countries that continue purchasing Russian energy and other exports. However, the bill does not ...