US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100%
US senators revised a Russia sanctions bill, reducing proposed tariffs on top energy buyers from 500% to 100%.
The bill targets top five purchasers of Russian oil and gas, including China and India.
It sanctions Russia's shadow fleet of tankers and financial institutions like the Central Bank of Russia.
Exemptions apply to countries importing less than 15% of natural gas from Russia and reducing dependence.
Changes aim to secure broader political support and avoid damaging relations with allies.
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