India responds to US 100% tariff bill after 60 senators back move targeting Russian oil purchases
- Posted on July 18, 2026
- By Financial Express
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- 1 min read
In brief
A bipartisan coalition of 60 US senators has advanced legislation imposing punitive tariffs up to 100% against nations significantly purchasing Russian petroleum. This strategic measure directly threatens India's energy security, as the country relies heavily on discounted Russian crude following international sanctions. New Delhi is carefully evaluating potential economic implications while balancing geopolitical relationships and domestic energy requirements amid escalating trade tensions.
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India responds to US 100% tariff bill after 60 senators back move targeting Russian oil purchases
India is monitoring a proposed US law that could impose up to 100% tariffs on major buyers of Russian oil, impacting India's energy imports amid ongoing US-Russia sanctions developments.
