India reacts to 100% US tariff threat over Russian oil, says 'determined to protect trade, economic interests'

India firmly reacted to the Sanctioning Russia Act of 2026 passed by the US Congress, expressing determination to safeguard its trade and economic interests. The Indian Ministry of External Affairs stated it is monitoring the situation closely. The US bill could expose India to tariffs of up to 100%, as stated by a think tank, GTRI.

The government emphasizes its commitment to energy security for its 1.4 billion people, promising diversified sourcing based on evolving market dynamics. Discussions with US interlocutors have highlighted the potential implications on bilateral relations and the international energy market. India's MEA assured that it will work closely with trade and industry bodies to address the challenges arising from these developments.