100% tariffs for India? US Senate advances key Russian sanctions bill | TheBriefWire
100% tariffs for India? US Senate advances key Russian sanctions bill
Published 29 July 2026 ยท politics
The US Senate overwhelmingly advanced a bipartisan bill to impose new sanctions on Russia. This legislation grants President Trump powers to penalize major energy export
The US Senate overwhelmingly advanced a bipartisan bill to impose new sanctions on Russia. This legislation grants President Trump powers to penalize major energy export buyers.
India and China are among the largest customers of Russian crude oil and natural gas. The measure also extends the Iran Sanctions Act through the
year 2031. This bill could significantly impact global energy markets and trade relationships.
Published: July 29, 2026 โข 8:20 AM IST ยท Updated: July 29, 2026 โข 8:32 AM ISTBy TheBriefWire Editorial Team
Key points
The US Senate overwhelmingly advanced a bipartisan bill to impose new sanctions on Russia.
This legislation grants President Trump powers to penalize major energy export buyers.
India and China are among the largest customers of Russian crude oil and natural gas.
The measure also extends the Iran Sanctions Act through the year 2031. This bill could significantly impact global energy markets and trade relationships.