US Bill Threatens 100% Tariffs on Russian Oil Buyers, Putting India and China in Crosshairs

A new US law, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, threatens 100 per cent tariffs on Russian oil importers, including India and China. The US House of Representatives passed the bill on Wednesday, 262-159. President Trump’s signature is required for the tariff imposition to take effect. India and China are […]

By Arsha Suvithlal 5 min read