The US Senate has passed a bill proposing tariffs of up to 100% on India’s purchases of Russian oil. The legislation, approved by an 86-12 vote, still requires House approval and a presidential signature to become law. This decision reflects the strategic use of sanctions as a pressure tool when US interests diverge from those of its partners. Market analysts indicate these developments could disrupt oil supply chains and lead to higher crude oil prices. Observers will monitor the House’s response and any diplomatic negotiations between the United States and India that could alter the course of the proposed tariffs.
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