New Delhi, Sept. 17 -- India is closely monitoring the passage of the US Sanctioning Russia and Iran Act in Congress and has made it clear that it will take "all necessary measures" to protect its trade and economic interests, while reaffirming its commitment to securing energy supplies for its 1.4 billion people.
"Government will work closely with Indian trade and industry bodies to deal with the implications of these developments," the MEA said.
The US House of Representatives has passed a sweeping sanctions bill targeting Russia's energy sector, officials, and its "shadow fleet" of tankers, giving President Donald Trump the authority to impose tariffs of up to 100 per cent on countries that continue to purchase Russian oil and gas, inc...