US Imposes New Sanctions and Tariffs on Russian Energy Purchases
| Key Aspect | Details |
|---|---|
| Legislation Name | Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 |
| Signed By | US President Donald Trump |
| Key Affected Countries | India & China (top buyers of Russian crude oil; potential targets under new tariff powers, though discretionary). |
| India's Concerns | Indian refiners and government have raised concerns over impact on energy security and diplomatic relations. |