Close Menu
  • Home
  • World News
  • India News
  • Business News
  • Health
  • Sports
  • Indian Diaspora In US
  • Technology
  • Bollywood
  • Education
Facebook X (Twitter) Instagram
Saturday, September 19, 2026
Breaking News
  • Indian Diaspora Backs Trump’s H-1B Review, Urges Caution to Protect US Innovation
  • Asian Games 2026: India’s Boxing Team Aims for Gold — Will Lovlina and Preeti Break the Women’s Medals Dry Spell?
  • India Keeps Hope Alive with Dhakshineswar-Balaji’s Triumph in Seoul
  • Dangote IPO Opens Doors for Nigerians to Join a Global Enterprise – FCMB
  • 3 Software Stocks Capitalizing on Growing Enterprise AI Investments
  • Ajay Devgn’s Ranger Delayed to 2027, Avoids Showdown with Akshay Kumar-Vidya Balan’s Eetha
  • Indian Court Approves Bail for British Sikh Blogger
  • UEFA and CONCACAF Push for $10 Million FIFA Payout to All Member Associations
Facebook X (Twitter) Instagram
India Bulletin
Advertisement
  • Home
  • World News
  • India News
  • Business News
  • Health
  • Sports
  • Indian Diaspora In US
  • Technology
  • Bollywood
  • Education
India Bulletin
Home»India News»India Warns US Sanctions Bill Could Lead to 100% Tariffs, Risking Global Energy Stability
India News

India Warns US Sanctions Bill Could Lead to 100% Tariffs, Risking Global Energy Stability

September 18, 20264 Mins Read
Facebook Twitter Email
Share
Facebook Twitter Email


India Reacts to U.S. Sanctions Bill on Russian Oil Purchases

On Thursday, India expressed its concerns over a recent U.S. sanctions bill that allows for tariffs of up to 100% on the five largest buyers of Russian oil. This warning came shortly after the U.S. House of Representatives approved the legislation, which now awaits the signature of President Donald Trump.

The bill, known as the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, passed in the House with a vote of 262 to 159, following an earlier approval in the Senate. It grants President Trump the authority to impose tariffs on major importers of Russian crude oil and natural gas, which currently include China, India, Slovakia, Hungary, and Azerbaijan based on their import volumes.

It’s important to note that while the bill allows for the imposition of tariffs, it doesn’t require them. However, once enacted, it gives the President a legally backed tool to target buyers of Russian energy, distinct from previous powers that faced legal challenges.

A White House official indicated that the President intends to sign the bill, although no specific date was provided.

In response, India’s Ministry of External Affairs stated that the country is committed to protecting its trade interests and will collaborate with industry groups to address any potential impact. The ministry emphasized that India has clearly communicated the possible consequences of this legislation, not only for U.S.-India relations but also for the global energy market.

India highlighted that its energy purchases are driven by its national interests, asserting its commitment to energy security for its 1.4 billion citizens. The country has been working on diversifying its energy sources and has recently increased imports from the U.S. and Venezuela. However, Russia still supplies a significant portion of India’s crude oil, accounting for over half of its imports in July.

The sanctions bill does not directly name any country but defines the largest importers of Russian crude and gas. This list will be reviewed every six months. Interestingly, there is an exemption for certain nations whose imports from Russia are minimal, but this does not include India or China.

Furthermore, the legislation gives the President the discretion to waive tariffs for any country, as long as it serves the U.S. national interest. To permanently lift these tariffs, the country in question would need to stop buying Russian energy and provide assurances that it will not resume.

The passage of this bill comes amidst ongoing political maneuvering in the U.S., with Republican lawmakers pushing to vote on it after some uncertainty. Notably, the bill’s progress saw last-minute support from some Democratic representatives.

Senator Jeanne Shaheen, a key supporter of the legislation, remarked that Congress has sent a strong message to Russia’s President Putin.

While it’s unclear how much influence the White House had in rallying support for the bill, U.S. media reports suggest it played a role in getting some opposition lawmakers to back the measure.

India’s imports of Russian crude oil have been a point of contention in its relations with the U.S. The country had previously reduced its purchases under U.S. pressure but ramped them back up in response to various global influences. Recent data show a significant spike in Indian imports of Russian oil, making it a leading buyer after China.

Experts suggest that the United States may use the threat of tariffs as leverage to pressure India into curtailing its purchases from Russia. They advocate for India to continue sourcing Russian oil as long as it remains economically viable.

The relationship between India and the U.S. has been strained recently, particularly after the Trump administration imposed tariffs on Indian exports. While the two nations have discussed lowering tariffs and negotiating a bilateral trade deal, a final agreement has yet to be reached.

As tensions continue in the region, with the ongoing conflict between Russia and Ukraine, the situation remains dynamic, reflecting the complex interplay of international trade and diplomacy. India’s ambassador to Russia has previously described U.S. tariffs linked to Russian oil purchases as “unfair,” noting that other countries continue to engage in trade with Russia.

Share. Facebook Twitter Email
admin
  • Website

Related Posts

India Keeps Hope Alive with Dhakshineswar-Balaji’s Triumph in Seoul

September 19, 2026

Indian Court Approves Bail for British Sikh Blogger

September 19, 2026

India Mandates Caller ID Apps to Report Spam Complaints — TechCrunch

September 19, 2026
  • Facebook
  • Twitter
  • Instagram
Don't Miss

Indian Diaspora Backs Trump’s H-1B Review, Urges Caution to Protect US Innovation

Asian Games 2026: India’s Boxing Team Aims for Gold — Will Lovlina and Preeti Break the Women’s Medals Dry Spell?

India Keeps Hope Alive with Dhakshineswar-Balaji’s Triumph in Seoul

Dangote IPO Opens Doors for Nigerians to Join a Global Enterprise – FCMB

Started in 2004, India Bulletin is the largest and
most read South Asian publication
in Chicago and surrounding Midwest.

  • Home
  • About Us
  • Contact
  • Advertise With Us
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • CCPA
News
  • Bollywood
  • Business News
  • Health
  • India News
  • Indian Diaspora In US
  • Sports
  • Technology
  • World News
Facebook X (Twitter) Instagram

Type above and press Enter to search. Press Esc to cancel.

Accessibility Adjustments

Powered by OneTap

How long do you want to hide the toolbar?
Hide Toolbar Duration
Select your accessibility profile
Vision Impaired Mode
Enhances website's visuals
Seizure Safe Profile
Clear flashes & reduces color
ADHD Friendly Mode
Focused browsing, distraction-free
Blindness Mode
Reduces distractions, improves focus
Epilepsy Safe Mode
Dims colors and stops blinking
Content Modules
Font Size

Default

Line Height

Default

Color Modules
Orientation Modules