US Senate Passes Bill Threatening 100% Tariffs on India Over Russian Oil Purchases

The US Senate has approved a bill that could authorize the Trump administration to levy tariffs of up to 100% on goods from nations purchasing Russian oil and gas. This legislative move targets countries including India and China, aiming to curb financial support for Russia's ongoing war in Ukraine.

The bill, known as the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, passed with substantial bipartisan support, garnering 86 votes in favor. For India, which relies heavily on discounted Russian crude, particularly since the 2022 conflict began and amid Middle East energy market disruptions, the implications could be severe.

Imposing 100% tariffs on Indian exports to the US would drastically increase their cost, potentially forcing American importers to seek alternative suppliers. While the bill grants President Trump discretion in implementing these tariffs, the final decision will depend on subsequent legislation and executive actions. This development adds another layer of complexity to the global energy market and international trade relations.