Brief by Shorts91 Newsdesk / 06:29pm on 19 Sep 2026,Saturday India Global
US President Donald Trump has signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, giving him authority to impose tariffs of up to 100 per cent on countries that continue major purchases of Russian oil and gas. India and China, among the largest buyers of Russian energy, could potentially face such measures, though the law does not automatically impose them. The legislation expands sanctions on Russia, targets its energy sector, banks, officials and shadow fleet, and extends existing sanctions on Iran. India has expressed concern over possible effects on bilateral ties, energy security and markets. New Delhi says it will continue sourcing energy based on prices and availability. (PC: NY Times)
