US Tariffs Threat: A Wake Up Call for India's Energy Diplomacy The recent passage of the Lindsey O Graham Sanctioning Russia and Iran Act of 2026 by the US Senate has sent a clear signal to major Russian oil consumers, including India.
The bill's provision allowing President Donald Trump to impose tariffs up to 100% on goods from countries that continue to purchase Russian energy poses a direct challenge to India's economic interests.
India's reliance on Russian oil and gas is not new, but the scale of its imports has increased significantly since the Russia Ukraine conflict began in 2022.