# US Senate bill threatens 100% tariffs on India for Russian oil

2026-08-09T08:57:00+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

The US Senate on Friday passed the bipartisan Lindsey Graham Sanctioning Russia and Iran Act of 2026, giving President Donald Trump authority to impose tariffs of up to 100% on goods from the five largest importers of Russian oil, China, India, Slovakia, Hungary and Azerbaijan. Fund manager Harsh Gupta Madhusudan called it a 'hostile act against India' and an 'anti-India bill', noting that other European buyers of Russian energy were not targeted. The bill now goes to the House of Representatives. Kpler analyst Sumit Ritolia said immediate disruption to oil flows to India is unlikely, but replacing Russian crude at current volumes would be difficult and could tighten global markets. India imported a record 2.8 million barrels per day of Russian crude in July 2026, accounting for 55.5% of total imports. The bill's impact will depend on how aggressively the US administration implements it, including possible waivers.

## Coverage

- businesstoday.in <https://www.businesstoday.in/latest/story/this-is-a-hostile-act-against-india-fund-manager-on-us-bill-threatening-100-tariffs-548170-2026-08-09?utm_source=rssfeed>
- hindustantimes.com <https://www.hindustantimes.com/india-news/us-russia-sanctions-bill-could-tighten-oil-markets-put-indias-energy-security-at-risk-says-kpler-report-101786261168022.html>
- economictimes.indiatimes.com <https://economictimes.indiatimes.com/industry/energy/oil-gas/us-senate-russia-sanctions-vote-raises-risk-for-indian-crude-supplies-says-kpler/articleshow/133063930.cms>

Tags: Harsh Gupta Madhusudan, India-US relations, Russian oil, sanctions, Tariffs, US Senate
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