US lawmakers move amendment to Russia sanctions bill, target India, others with 100% tariff threat

The US House of Representatives is set to vote on a Russia Sanctions Bill amendment that includes India among 10 countries potentially facing 100% tariff on Russian oil trade. This amendment, introduced by Democratic Congressman Steny Hoyer, marks a shift from the Senate's version, which avoided naming specific countries. If passed, India would become the first country to be named explicitly in the bill's text.

The broader legislation aims to impose sanctions on Russia's leaders and energy sector, as well as on vessels aiding Moscow in evading existing oil sanctions. However, not all lawmakers support the tariff plan, with some proposing amendments to limit the President's authority or allocate funds to Ukraine. The bill's fate now rests on whether the amendments survive the House process before it can be sent to the President for signature.