The US Senate has approved a bill that would give President Donald Trump the authority to impose tariffs of up to 100% on countries that purchase Russian oil or natural gas.
The proposed legislation targets the world’s five largest buyers of Russian energy, including India and China, potentially exposing them to steep additional tariffs.
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The move comes amid continued US efforts to pressure Russia over its energy exports and could have significant implications for countries that rely on Russian crude oil and natural gas.
If enacted, the measure would give the Trump administration greater leverage to penalise major purchasers of Russian energy through trade restrictions and higher tariffs.
(This story is published from a syndicated feed)
