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US Senate bill targets India with 100% tariffs over Russian oil, exempts 15 European nations

in5points
A bipartisan group of US senators introduced the Sanctioning Russia Act of 2026 proposing up to 100% tariffs on Russian crude oil importers.
The bill targets five largest buyers: India, China, Slovakia, Hungary, and Azerbaijan.
The legislation exempts 15 European nations from the tariffs.
The goal is to restrict Moscow's oil revenues funding its war in Ukraine.
The proposal risks straining US-India ties as New Delhi defends its energy strategy.
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