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New US sanctions bill on Russia puts Modi in a bind

Posted on September 18, 2026
By Business News Today
0 Views
1 min read

In brief

Generating AI summary…

New US sanctions bill on Russia puts Modi in a bind

India faces a difficult energy policy choice regarding Russian oil imports. Potential US tariffs threaten Indian exports and bilateral trade relations. Maintaining Russian oil purchases could increase domestic fuel prices before elections. New Delhi emphasizes ensuring energy security for its large population. This situation complicates ongoing trade talks with Washington.