Archive · 29 Jul 2026

US Bill Targets India, China for Russian Oil Purchases

US Bill Targets India, China for Russian Oil Purchases

The US Senate is fast-tracking a bill that could impose up to 100% tariffs on countries buying a lot of Russian oil and gas, especially India and China.

Senator Richard Blumenthal says these countries are helping Russia finance its war in Ukraine.

India, however, says it buys Russian oil because it's affordable and necessary for its energy needs.

The US has already increased tariffs on Indian goods, but India says it hasn't been told to stop buying Russian oil.

The bill is still being discussed and needs final approval.

Sources