US Senate Passes Bill for Up to 100% Tariffs on Top Russian Oil Buyers, Including India
In an 86–11 vote, the US Senate approved sweeping Russia sanctions that could let the President impose tariffs of up to 100% on major buyers of Russian oil and gas, with India among the key targets. Here’s what the bill does, who it affects, and what happens next.
The US Senate has overwhelmingly approved a tough new sanctions package against Russia, granting the US President authority to impose import duties of up to 100% on the top five countries that purchase oil and natural gas from Moscow. The measure, passed by a margin of 86 to 11, marks one of the most aggressive economic steps yet in response to the ongoing Ukraine conflict.
India ranks among the largest buyers of Russian crude—second only to China—placing it directly in the potential scope of the tariffs if the bill clears the House of Representatives and is signed into law. Other countries that could face the levies include China, Turkey, and select Eastern European and Southeast Asian nations that import significant volumes of Russian energy.
The US Senate has overwhelmingly approved a tough new sanctions package against Russia, granting the US President authority to impose import duties of up to 100% on the top five countries that purchase oil and natural gas from Moscow. The measure, passed by a margin of 86 to 11, marks one of the most aggressive economic steps yet in response to the ongoing Ukraine conflict.
India ranks among the largest buyers of Russian crude—second only to China—placing it directly in the potential scope of the tariffs if the bill clears the House of Representatives and is signed into law. Other countries that could face the levies include China, Turkey, and select Eastern European and Southeast Asian nations that import significant volumes of Russian energy.
What the bill does
Formally titled the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” the legislation is designed to cut off revenue streams that help fund Russia’s war effort. Key provisions include:- Authority for the US President to impose additional tariffs of up to 100% on goods from countries that are among the five largest importers of Russian crude oil or natural gas and continue purchases after the law takes effect.
- A role for the US Trade Representative (USTR) in determining the actual tariff rate, which could range from above zero to the full 100% ceiling.
- A presidential waiver option, subject to certification to Congress and reassessment every 180 days.
- Exceptions for countries that import less than 15% of their natural gas from Russia and are taking significant steps to reduce those imports.
Why India is in focus
India’s energy imports have shifted dramatically since 2022, with Russian crude accounting for more than half of its total oil imports at times, underscoring Moscow’s position as New Delhi’s dominant supplier. This makes India one of the top five buyers of Russian crude, alongside countries such as China, Slovakia, Hungary, and Azerbaijan, according to the bill’s sponsors.
Supporters of the bill argue that continued large-scale purchases of Russian energy help sustain Moscow’s economy and indirectly fund its military operations in Ukraine. Critics, however, warn that the move could disrupt global trade patterns, complicate US–India relations, and raise costs for businesses and consumers if implemented aggressively.
What happens next
The bill now moves to the US House of Representatives. If it passes there and is signed by the President, it would become law and could reshape energy trade patterns involving India and other major importers. The House is currently on recess until September, meaning the next decisive vote is likely later this month or early next.
Even if enacted, the law does not automatically slap a flat 100% tariff on all Indian exports. Instead, it creates a framework under which the US administration can calibrate duties based on how much a country continues to buy Russian oil and gas, and whether it is taking steps to reduce that dependence.
Key Highlights
- Senate vote: 86–11 in favour of the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026.”
- Tariff power: Up to 100% import duties on goods from the top five buyers of Russian crude oil and natural gas.
- India’s position: Among the largest importers of Russian crude; could face tariffs if purchases continue after the law takes effect.
- Other targets: Countries such as China, Turkey, and some Eastern European and Southeast Asian nations that rely heavily on Russian energy.
- Waiver clause: President can waive or adjust tariffs, but must certify the decision to Congress and review it every 180 days.
- Next step: Bill goes to the US House; if passed and signed, it becomes law and could significantly impact India–US trade and global energy flows.
