Brief by Shorts91 Newsdesk / 02:42am on 08 Aug 2026,Saturday India Global
The US Senate has passed a bill allowing tariffs of up to 100% on countries buying Russian oil, gas and other exports. The bill was approved 86-11 on Friday. India, China, Slovakia, Hungary and Azerbaijan are named as possible targets. The actual tariff rate will be decided by the US Trade Representative. The bill also allows President Donald Trump to waive the tariffs under certain conditions. It now moves to the House of Representatives. The move comes as India and the US work on a trade deal. India has defended its Russian oil purchases, citing energy security needs.
