Trump waives Russia oil curbs amid 100% tariff threat: What it means for India

 The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 gave Trump the authority to impose broad sanctions on Russia and levy steep tariffs on major buyers of Russian oil and gas, including China and India. One of the largest buyers of Russian crude, India was among the countries that expressed concerns about the legislation. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 gave Trump the authority to impose broad sanctions on Russia and levy steep tariffs on major buyers of Russian oil and gas, including China and India. One of the largest buyers of Russian crude, India was among the countries that expressed concerns about the legislation.