US Congress Considers Sanctions Bill Targeting Russian Energy Buyers with High Tariffs
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US Congress Considers Sanctions Bill Targeting Russian Energy Buyers with High Tariffs

A US Congress bill proposes significant tariffs, potentially up to 500%, on countries continuing to purchase Russian oil, gas, petroleum products, or uranium. The US argues these sales fund Russia's war in Ukraine. India's increased energy purchases from Russia post-2022 were driven by discounted prices and the need for affordable energy. The bill aims to pressure major buyers, but critics suggest such tariffs could coerce countries and impact energy security, inflation, and stability.

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