US Senate revises Russia sanctions bill to soften tariffs on India and China
US senators have introduced a revised Russia sanctions bill that would ease proposed tariff measures aimed at major buyers of Russian oil and gas, while keeping broader pressure on Moscow. The legislation was first tabled in April 2025 and has now been updated as lawmakers seek to move it forward with bipartisan backing. It comes as the United States continues to weigh how to punish Russia over its energy revenues without sharply widening the economic impact on other countries.Under the revised proposal, the maximum tariff on the five largest buyers of Russian oil and natural gas would be cut to... [Continue Reading]
360LiveNews | 15 Jul 2026 05:30 LONDON
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