# US tariff threat on Russian oil may push India to costlier crude

2026-08-10T00:50:20+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

India’s state-run oil refiners expect costlier crude from September as a US bill to slap up to 100% tariffs on top importers of Russian oil moves closer to law. The Senate passed the Lindsey O Graham Act, now headed to the House. State-run refiners have supplies for 50 days but will float tenders in mid-August for post-September cargoes, an executive told Livemint. Russia supplied 48% of India’s crude imports in June 2026, an all-time high, The Hindu reports. Tighter West Asian supplies and longer Suez routes may push prices higher. India’s crude import bill hit $49.8 billion in the June quarter, up 60% year-on-year.

## Coverage

- livemint.com <https://www.livemint.com/economy/indian-refiners-brace-for-pricier-crude-after-september-as-russia-sanctions-loom-11786269393838.html>
- thehindu.com <https://www.thehindu.com/business/Industry/russias-share-in-indias-oil-imports-jump-to-all-time-high-of-48-despite-100-tariffs-threat-from-us/article71327681.ece>

Tags: crude oil, energy security, imports, India, Russia, US sanctions
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