The US House passed a bill allowing President Trump to impose up to 100% tariffs on countries importing Russian oil. India, which imports 45% of its crude from Russia, faces potential trade leverage as it negotiates a bilateral trade deal with the US.
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- ›Bill Name: Lindsey O. Graham Sanctioning Russia and Iran Act of 2026
- ›House Vote: 262-159
- ›Target this Data: India imported 2.08 million bpd of Russian oil in Aug 2026 – 45% of total crude imports.
- ›Target this Nodal Body: US House of Representatives, US Senate, US Trade Representative (USTR), Ministry of External Affairs (India).
- ›Target this Legal Point: IEEPA (1977) struck down by Supreme Court; Lindsey O. Graham Act authorizes up to 100% tariffs on Russian oil buyers.
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