The US announced a 60-day pause on sanctions against Russia and tariffs on other countries, including India, to analyse the global economic impact. This decision, made via an executive order by Trump, has drawn significant criticism from both Republicans and Democrats, who had previously passed the Lindsey O. Graham Sanctioning Russia and Iran Act. US officials stated the waiver allows for assessment of global energy pressures and European allies' refusal to impose secondary sanctions on Russian oil buyers.
US lawmakers are racing to amend the Russia sanctions bill before recess. One amendment specifically names India, China, and other countries as potential targets for 100% tariffs due to their oil trade with Russia. Another significant amendment proposes to scrap the tariff section entirely, while others address presidential waiver powers and aid to Ukraine.
Indian-American Congressman Raja Krishnamoorthi voted in favour of a Russia sanctions act in the US House, diverging from his Democratic party and other Indian-American lawmakers. The bill, which passed, imposes tariffs on Russian oil and gas buyers, potentially impacting India and China, and exempts US uranium purchases from Russia.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Trump has enacted a new law imposing significant sanctions on Russia and Iran, which could lead to tariffs of up to 100% on major energy importers like India and China.
The US House of Representatives has passed the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, authorising President Trump to impose sanctions on Russia's energy sector and tariffs on countries like India and China that purchase Russian oil and gas. The legislation aims to curb Russia's ability to evade existing sanctions and reduce global dependence on its energy exports, despite some Democratic opposition to increased tariff authority for the President.
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
President Donald Trump is set to sign the Sanctioning Russia and Iran Act, which includes tariffs on countries buying Russian oil and gas, such as India. India has voiced concerns over the potential impact on its ties with the US and the global energy market.
The US Senate has overwhelmingly approved a bill, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which aims to punish Russia and its major petroleum product buyers, including China and India. The legislation allows the US President to impose 100 per cent tariffs on goods from the top five importers of Russian oil and gas, and also extends sanctions on Iran's energy sector. The bill, championed by the late Senator Lindsey Graham, now moves to the House of Representatives for further approval.
A bipartisan group of US Senators has agreed to fast-track a bill allowing the President to impose sanctions on major purchasers of oil from Russia and Iran. This legislation, known as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to restrict funding for Russia's war efforts and Iran's energy and weapons sectors, potentially impacting countries like China and India through tariffs and other restrictions.
US President Donald Trump has issued a waiver from sanctions under the Sanctioning Russia and Iran Act, citing national interest. This move comes after a deal with Russia for diesel supply and ahead of a US official's visit to India, where concerns about the act's impact on India's oil imports were raised.
Former President Donald Trump's recent deal with Russia to supply diesel to the US and global markets has ignited a political firestorm, drawing sharp criticism from Ukraine's President Volodymyr Zelenskyy, Democratic leaders, and a segment of Republicans, despite the US Treasury lifting sanctions on Russian diesel supplies.
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio on the sidelines of the UN General Assembly session in New York. India raised its concerns regarding the recently signed "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorises tariffs on countries buying Russian oil and gas. Both leaders also discussed bilateral relations, regional priorities, and the situations in the Gulf and Ukraine.
Prime Minister Narendra Modi and US President Donald Trump held a telephone conversation to review progress in bilateral ties, covering trade, defence, and energy, against the backdrop of heightened trade friction due to the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026'.
The US House of Representatives has advanced a bill that would empower President Donald Trump to impose 100 per cent tariffs on countries, including India, that purchase oil and gas from Russia, and also extend sanctions on Iran. The legislation, which previously passed the Senate, aims to curb Russia's energy revenue amidst the Ukraine conflict.
India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.
The United States has removed four Indian companies from its sanctions list, which had been accused of supplying advanced technology and equipment to Russia's military-industrial complex. The de-listed firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, previously sanctioned for exporting dual-use items to Russian entities.
Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
Russian Athletics has filed a new claim with the Court of Arbitration for Sport (CAS), challenging sanctions imposed by World Athletics that prevent Russian athletes from participating in international competitions.
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
US President Donald Trump has defended a controversial diesel deal with Russia, stating it aims to stabilise the global market despite bipartisan criticism from US lawmakers. The deal, which eases sanctions on Russian diesel shipments until April 2027, has been criticised as a "gift to our adversary" that finances Russia's war efforts and offers little relief to Americans.
India has become a significant supplier of gasoline to Russia, with Indian refiners providing 1 million barrels in the last two months, as Ukrainian drone attacks severely disrupt Russia's domestic fuel production.
US Secretary of State Marco Rubio's visit to India this week underscores the complex dynamics of global energy policy, as Washington re-evaluates sanctions on Russian oil buyers amidst India's continued reliance on Russian crude.
Navigating this geopolitical minefield requires a cold-blooded blend of immediate tactical pleading, structural domestic diversification, and aggressive collective resistance, suggests Ambassador Rajasekhar.
Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
The US House of Representatives is debating a bill that would authorise the President to impose sanctions on Russia and steep tariffs on its oil and gas trading partners, including India and China. The bill, aimed at pressuring Russia over the Ukraine war, has faced opposition but is expected to be put to a vote.
Ukrainian President Volodymyr Zelenskyy addressed the UN General Assembly, accusing Russia of using citizens from over 40 countries, including India, to fight in its war against Ukraine. He urged these nations to prevent their citizens from being drawn into the conflict, highlighting that Ukraine has taken prisoners of war from these countries and that many have perished. Zelenskyy also called for limiting trade with Russia to cut off its war funding and criticised the weakening of sanctions.
China has strongly rejected a US bill that would impose tariffs on countries, including India, for purchasing Russian oil and gas. Beijing views the "Lindsey O Graham Sanctioning Russia and Iran Act 2026" as an act of "long-arm jurisdiction" and interference in its sovereign trade relations, asserting that its economic cooperation with other nations is based on equality and mutual benefit.
US Vice President JD Vance and Prime Minister Narendra Modi held a phone call to discuss expanding the India-US comprehensive global strategic partnership, focusing on trade, defence, energy security, emerging technologies, and critical minerals. The discussion comes amidst rising tensions in West Asia and recent regional realignments, with both leaders reaffirming their commitment to strengthening cooperation.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
British armed forces, including Royal Marine Commandos, intercepted the Russian shadow fleet oil tanker SMYRTOS in the English Channel, marking the UK's first such operation. The action aims to disrupt Russia's funding for its war in Ukraine, with the UK government highlighting the shadow fleet's role in sustaining Moscow's military efforts.
The bill, introduced on Thursday, was conceived by Democrat Senator Richard Blumenthal and late Republican Senator Lindsey Graham and has the support of over 60 lawmakers.
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
Russian President Vladimir Putin asserted that any attempts to undermine India's sovereignty through 'threats of sanctions' would 'boomerang immediately' under Prime Minister Narendra Modi's leadership, highlighting India's sovereign decision-making and strong national interests.
Pakistan has welcomed an Indian delegation's visit to Islamabad for a Shanghai Cooperation Organisation (SCO) meeting, marking the first such visit after a significant gap. The visit is seen as a positive step towards regional peace and cooperation, with Pakistan also commenting on other international and domestic issues.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
Russian President Vladimir Putin has proposed a new investment platform, based on the New Development Bank (NDB), to fund projects in trade, infrastructure, logistics, and technology across BRICS nations, emphasising that the grouping's expanding economic cooperation is not 'against anyone' but aims to advance members' national interests.
Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.
The Russian Athletics Federation has lodged an appeal with the Court of Arbitration for Sport against the World Athletics Council's decision to extend the suspension of Russian athletes from international competitions, citing discrimination.
World Athletics President Sebastian Coe has confirmed that the governing body's position on excluding Russian and Belarusian athletes from international competition remains unchanged, despite an upcoming Court of Arbitration for Sport (CAS) case. Coe emphasised that the decision is based on maintaining the integrity of competition, not politics. Russian Athletics has filed a fresh appeal with CAS challenging these sanctions, which have been in place since Russia's invasion of Ukraine in 2022.
