Brief by Shorts91 Newsdesk / 03:14am on 15 Jul 2026,Wednesday India Global
A bipartisan group of US senators has introduced a revised Russia sanctions bill that could allow tariffs of up to 100% on countries, including India, that continue purchasing Russian oil. The proposal, backed by President Donald Trump, reduces the earlier proposed 500% tariff while maintaining pressure on Moscow by targeting its major energy buyers. The bill also expands sanctions on Russian officials, banks, energy projects and the shadow oil fleet. Although it still requires congressional approval, the proposal has raised concerns over India-US trade relations and the future of bilateral economic cooperation. (PC: X)
