{
  "id": 9026671,
  "title": "New U.S. Sanctions Law Threatens India’s Huge Russian Oil Trade",
  "url": "https://urgent.news/2026/09/21/new-u-s-sanctions-law-threatens-indias-huge-russian-oil-trade",
  "topic": "world",
  "section": "World",
  "published": "2026-09-21T23:00:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Energy/Crude-Oil/New-US-Sanctions-Law-Threatens-Indias-Huge-Russian-Oil-Trade.html"
  },
  "original_language": "en",
  "account": "A new U.S. law, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, passed by lawmakers recently, threatens India's significant trade with Russia for oil. The law, signed by President Donald Trump, could impose tariffs of up to 100% on countries that are major importers of Russian oil and natural gas. India, the second-largest importer of Russian crude oil after China, could face these tariffs if it continues to buy large volumes from Russia after the bill's implementation. The trade deal negotiations between India and the U.S. were already under strain, and this new legislation could complicate matters further. India, the world's second-largest oil importer, currently imports over half of its crude oil from Russia. The law allows the U.S. President to increase tariffs up to 100% on goods imported from a country that makes new purchases of Russian crude oil or natural gas. India has responded to the bill, reaffirming its commitment to energy security and expressing concerns about the implications for its trade relations. The trade deal negotiations between India and the U.S. were already facing challenges, and this new legislation could pose an additional obstacle.",
  "summary": "India’s imports of cheaper Russian crude oil have come under scrutiny in recent days after U.S. lawmakers passed a new sanctions bill against Russia’s energy sector. The “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” which authorizes and expands statutory sanctions, tariffs, and prohibitions on Russia and extends existing sanctions on Iran, was signed into law by U.S. President…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}