The United States Senate is advancing a bipartisan sanctions bill that would grant President Trump sweeping new authority to impose tariffs of up to 100 percent on major importers of Russian energy.
India has significantly increased its procurement of Russian crude oil to address energy deficits. This practice was previously supported by a US sanctions waiver that has recently lapsed, yet India has continued its purchases regardless.
The proposed legislation directly links trade policy with geopolitical enforcement regarding Russian energy, posing a distinct tariff threat to major developing economies like India that maintain energy trade ties with Moscow.
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