{
  "id": 297261,
  "title": "How US bill proposing 100% tariffs over Russian oil purchase could hurt India",
  "url": "https://urgent.news/2026/08/08/how-us-bill-proposing-100-tariffs-over-russian-oil-purchase-could",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-08T06:23:51.000Z",
  "source": {
    "name": "Hindustan Times",
    "slug": "hindustan-times",
    "url": "https://www.hindustantimes.com/india-news/how-us-bill-proposing-100-tariffs-over-russian-oil-purchase-could-hurt-india-101786165019791.html"
  },
  "original_language": "en",
  "account": "The US Senate has approved a sweeping sanctions bill that could impose steep tariffs on countries purchasing Russian oil, including India. Sponsored by late Senator Lindsey Graham, the legislation aims to increase economic pressure on Moscow in response to its invasion of Ukraine. While Europe's allies are spared from similar measures, India, along with China, Slovakia, Hungary, and Azerbaijan, will face up to 100% tariffs on Russian fuel and other exports. This move by the US comes as India's dependence on Russian energy has surged following the Iran-US war, causing a disruption in the Strait of Hormuz and a shortage of Gulf crude supplies. India, being the second-largest buyer of Russian crude oil after China, is now facing potential economic repercussions from the proposed tariffs. The bill has already been introduced in the House of Representatives, where Republicans control the floor calendar, and its passage in its current form is seen as the final hurdle before it reaches President Donald Trump for signature.",
  "summary": "The US Senate has approved a bill that could lead to 100% tariffs on goods from countries that continue to buy Russian oil and gas. The bill, named after Republican Senator Lindsey Graham, aims to increase economic pressure on Russia over its invasion of Ukraine.\n\nCountries that may face tariffs include India, China, Slovakia, Hungary, and Azerbaijan, as they are among the top purchasers of Russian oil or natural gas. The bill gives the US president the authority to impose tariffs of up to 100% on goods from these countries.\n\nThe legislation also proposes sanctions against Russian President Vladimir Putin, senior officials, financial institutions, energy projects, and other entities linked to Russia's war effort. It also targets older and reflagged oil tankers that Russia allegedly uses to circumvent existing US restrictions on its energy exports.",
  "key_points": [
    "US Senate passes sanctions bill targeting Russian oil buyers",
    "India, China, Slovakia, Hungary, Azerbaijan face 100% tariffs on Russian fuel",
    "Bill advances to House of Representatives for final passage before President Trump"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "DW News",
        "title": "India wary of potential 100% US tariffs over Russian oil",
        "url": "https://urgent.news/2026/08/08/india-wary-of-potential-100-us-tariffs-over-russian-oil",
        "published": "2026-08-08T08:25:00.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "U.S. Senate passes short-term funding bill to avert federal shutdown before election",
        "url": "https://urgent.news/2026/08/08/u-s-senate-passes-short-term-funding-bill-to-avert-federal-shutdown",
        "published": "2026-08-08T08:48:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}