The Trump administration is threatening to penalize countries buying discounted Russian oil, a move that could impact India’s energy imports and trade with the US. A bipartisan sanctions bill, approved by Trump, aims to pressure nations like India, China, and Brazil to cease Russian crude purchases, which the US argues funds Putin’s war in Ukraine.
500% tariffs ahead for India & China? Trump clears Russia sanctions bill; what it means
📅 Published: January 8, 2026 |
📂 Category: Top Stories