International
US Senate Passes Russia Sanctions Bill Imposing 100% Tariffs on India
The Indian Express1h
THE BRIEF
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The US Senate passed a sweeping sanctions bill on August 9, 2026, targeting Russian oil trade and imposing 100% tariffs on imports from India and China.
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Analysts warn the legislation could disrupt global crude supply chains, with Kpler experts noting that Indian refineries face significant financial exposure under the new rules.
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The Indian government is expected to engage in urgent diplomatic talks to seek exemptions, as the tariffs threaten to destabilize bilateral trade relations.