US House Bill Could Impose 100% Tariffs on India for Buying Russian Oil

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AI-generated summary of the coverage listed below: The U.S. House of Representatives has advanced a sanctions bill that would allow President Trump to impose up to 100% tariffs on countries that purchase Russian oil and gas, including India. The measure follows Russia’s invasion of Ukraine and aims to pressure major buyers to cut Russian energy imports. If enacted, India could face significant tariff hikes on its oil imports, potentially disrupting its energy supply and trade balance.

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