{"id":25187,"date":"2026-09-17T03:28:08","date_gmt":"2026-09-17T03:28:08","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=25187"},"modified":"2026-09-17T03:28:08","modified_gmt":"2026-09-17T03:28:08","slug":"100-trump-tariffs-loom-russia-sanctions-bill-passed-in-us-will-it-make-india-stop-buying-crude-from-moscow","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=25187","title":{"rendered":"100% Trump tariffs loom: Russia sanctions bill passed in US; will it make India stop buying crude from Moscow?"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134300386,imgsize-519488,width-400,height-225,resizemode-4\/trump-tariff-threat.jpg\" alt=\"100% Trump tariffs loom: Russia sanctions bill passed in US; will it make India stop buying crude from Moscow?\" title=\"This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude.\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude.\">This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude.<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Tariffs, tariffs, and more tariffs &#8211; the Donald Trump administration\u2019s favourite economic weapon is back in focus again with the US passing a new bill that allows its president to impose tariffs of up to 100% on countries that are buying Russian crude oil in a big way.<!-- --> That means India is on the list, and so is China.<span class=\"id-r-component br\" data-pos=\"3\"\/>The US House of Representatives on Wednesday approved the &#8220;Lindsey O. Graham Sanctioning Russia and Iran Act of 2026&#8221;. This legislation will now go to President Donald Trump for his signature.<span class=\"id-r-component br\" data-pos=\"5\"\/>So, will Donald Trump impose 100% tariffs on India for its Russian crude oil buys? What will that mean for India\u2019s exports to the US and its energy security situation amid the Middle East conflict?<span class=\"id-r-component br\" data-pos=\"7\"\/><span class=\"em\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">How important is Russian crude oil to India and will it stop buying it if faced with fresh tariffs from the US?<\/span><span class=\"id-r-component br\" data-pos=\"9\"\/><\/p>\n<p><h2>What the <keyword id=\"31894604\" type=\"Denny\" weightage=\"20\" keywordseo=\"Russia-sanctions-bill\" source=\"keywords\">Russia Sanctions Bill<\/keyword> is about<\/h2>\n<\/p>\n<p>Initially introduced over a year-and-half ago, the bill had proposed up to 500% tariffs on major buyers of Russian crude oil. <!-- -->But, that was later brought down to 100%.<span class=\"id-r-component br\" data-pos=\"15\"\/>The House approved the bill by 262 votes to 159. The main aim of the bill is to target Russia&#8217;s energy and defence sectors along with its &#8220;shadow fleet&#8221; of tankers that are used to circumvent existing sanctions. The objective is to restrict Russia\u2019s access to funds that the US claims help support Moscow\u2019s war in Ukraine.<span class=\"id-r-component br\" data-pos=\"17\"\/>This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude. At present the list of top five importers of Russian energy likely includes China, India, Slovakia, Hungary and Azerbaijan. It also expands sanctions on Iran.<span class=\"id-r-component br\" data-pos=\"21\"\/>The Graham Act had passed the Senate last month with an 86-11 vote, receiving strong backing from both parties.<span class=\"id-r-component br\" data-pos=\"23\"\/>So what does the bill mean for India? Let\u2019s first understand India\u2019s dependence on Russian crude:<span class=\"id-r-component br\" data-pos=\"25\"\/><\/p>\n<p><h2>How Much Oil Does India Get From Russia?<\/h2>\n<\/p>\n<p>Back in 2022, Russian oil was a negligible part of India\u2019s crude oil imports. <!-- -->But with the Russia-Ukraine war leading Europe to impose sanctions on crude from Moscow, the oil became available at deep discounts.<span class=\"id-r-component br\" data-pos=\"30\"\/>Since then, Russia\u2019s share in India\u2019s crude imports has steadily climbed up. Russia is the biggest supplier of crude oil for India.<span class=\"id-r-component br\" data-pos=\"32\"\/>Till the end of 2025, Russia accounted for over 30% of India\u2019s crude oil supplies. The Middle East war has deepened this dependence further.<span class=\"id-r-component br\" data-pos=\"35\"\/>According to Global Trade Research Initiative (GTRI), Russia accounted for 30.3 per cent of India&#8217;s crude oil imports in FY2026, with supplies worth $40.8 billion out of India&#8217;s total crude imports of $134.7 billion.<span class=\"id-r-component br\" data-pos=\"38\"\/>In July 2026, Russian supplies accounted for more than half of India&#8217;s imported oil. This is largely due to continued supply disruptions from the Middle East due to the US-Iran conflict.<span class=\"id-r-component br\" data-pos=\"40\"\/>As GTRI notes, other suppliers were far behind. The UAE accounted for 10.8% of India\u2019s July imports, Saudi Arabia 9.6%, Venezuela 6.3%, Brazil 5.5%, Oman 5.3% and the US 2.9%. Russia alone supplied more crude than these six countries combined.<span class=\"id-r-component br\" data-pos=\"43\"\/>In fact, experts see Russian crude oil as a central part of India\u2019s crude oil and energy security strategy. But will that change if the Trump administration imposes 100% tariffs?<span class=\"id-r-component br\" data-pos=\"46\"\/><\/p>\n<p><h2>Is 100% Tariff Imminent? What It Would Mean For Trade<\/h2>\n<\/p>\n<p>The important thing to understand is that the bill gives the US President power to impose tariffs of up to 100%. The decision on whether to impose tariffs, and in what quantity, lies with Trump.<span class=\"id-r-component br\" data-pos=\"49\"\/>Experts believe that the Trump administration may choose not to needle delicate ties with China, which is the largest buying of Russian crude. <!-- -->In the case of India however, there is a precedent from last year, when Trump imposed 25% penal tariffs on Indian exports for the country\u2019s continued purchases of Russian oil.<span class=\"id-r-component br\" data-pos=\"53\"\/>GTRI founder Ajay Srivastava sees high stakes for India with the passage of this bill<span class=\"id-r-component br\" data-pos=\"55\"\/>\u201cThe bill is a blunt and dangerous attempt to pressurize India to sign BTA on one sided terms. India buys Russian oil to secure affordable energy for 1.4 billion people, not to finance war, and these purchases have helped stabilise global supplies and prices,\u201d says Ajay Srivastava.<span class=\"id-r-component br\" data-pos=\"58\"\/>He believes that if tariffs of up to 100% are indeed imposed by the Trump administration, they would not only end up punishing Indian exporters and American consumers, but also disrupt trade and give the US president excessive power over major partners.<span class=\"id-r-component br\" data-pos=\"60\"\/>\u201cWashington should pursue diplomacy and stable energy markets, not threaten a strategic partner for protecting its legitimate economic interests,\u201d he says.<span class=\"id-r-component br\" data-pos=\"62\"\/>&#8220;The actual impact of new tariffs on Indian exports can be assessed only after the US announces the tariff rates, product coverage and implementation timetable,&#8221; he adds.<span class=\"id-r-component br\" data-pos=\"65\"\/>India has already faced 50% US tariffs for several months since last year, till the rate was brought down to 18% earlier this year, and now stands at 10% following US Supreme Court\u2019s decision to strike down reciprocal tariffs.<span class=\"id-r-component br\" data-pos=\"67\"\/>And, while India\u2019s exports basket has been diversified, with several free trade agreements opening up new markets, the US remains an important trading partner and any export hit would have an impact on India.<span class=\"id-r-component br\" data-pos=\"70\"\/>Ajay Srivastava also points to another nuance: China buys more Russian crude than India, but Washington will put greater pressure on New Delhi as it may fear retaliation by China.<span class=\"id-r-component br\" data-pos=\"72\"\/>\u201cThe new US Act turns sanctions into a trade weapon against India. Washington will now threaten tariffs of up to 100% and then offer a lower rate if New Delhi cuts Russian oil purchases and accepts concessions under a deeply unequal bilateral trade agreement. <!-- -->India should not trade away its energy security for temporary tariff relief. Neither signing a trade agreement nor stopping Russian oil purchases can protect it from future US action under Section 301, sectoral measures or other trade laws.<!-- --> India should continue buying Russian oil as long as it remains commercially competitive and negotiate firmly with Washington without granting unilateral trade concessions,\u201d GTRI\u2019s Srivastava says.<span class=\"id-r-component br\" data-pos=\"78\"\/><\/p>\n<p><h2>Will India stop buying Russian Crude?<\/h2>\n<\/p>\n<p>The problem is further exacerbated by the fact that India\u2019s other big oil suppliers are currently hit due to the Middle East conflict. The Strait of Hormuz continues to be blocked and now with the Houthis attacking Saudi Arabia\u2019s key pipeline, alternative oil supplies have also been hit.<span class=\"id-r-component br\" data-pos=\"81\"\/>India\u2019s crude oil procurement is diversified with over 40 countries in it. However, Russia and Middle East countries continue to be the mainstay in the oil security picture.<span class=\"id-r-component br\" data-pos=\"84\"\/>Experts don\u2019t see Russian crude oil disappearing from India\u2019s crude oil supplies anytime soon. Multiple reasons support this view: India did not stop buying Russian crude oil when faced with penal tariffs last year.<span class=\"id-r-component br\" data-pos=\"86\"\/>It was only when the Trump administration imposed sanctions on Lukoil and Rosneft &#8211; two of the major Russian oil firms &#8211; did Indian refiners scale back on purchases.<span class=\"id-r-component br\" data-pos=\"89\"\/>The logic was simple: tariffs worked as a less effective economic weapon for the US than sanctions since the latter makes trading economically unviable.<span class=\"id-r-component br\" data-pos=\"92\"\/>In the first two months of 2026, India\u2019s Russian crude oil purchases saw a significant dip. Announcing reduced 18% tariffs on India, Trump claimed that India would stop buying Russian oil. But in March the US-Iran war began and the global oil markets went into a spin.<span class=\"id-r-component br\" data-pos=\"94\"\/>Faced with Middle East supply disruptions, India aggressively stepped up Russian crude oil purchases. The US even waived sanctions on Russian crude to stabilise global oil prices. <!-- -->But despite that waiver lapsing, India has continued to procure oil from Russia. In fact, Russian crude oil purchases hit an all-time high in July.<span class=\"id-r-component br\" data-pos=\"98\"\/>The message is clear: energy security at any cost assumes priority for India at the current juncture.<span class=\"id-r-component br\" data-pos=\"101\"\/>Sumit Ritolia, Lead analyst, Modelling and Refining at Kpler told TOI earlier that Russian crude is India\u2019s best hedge against global supply disruptions. \u201cBeyond attractive economics, it has provided reliable supply security despite fluctuations in discounts,\u201d Ritolia told TOI earlier.<span class=\"id-r-component br\" data-pos=\"104\"\/>Hence, he believes Indian refiners are unlikely to immediately walk away from Russian supplies unless sanctions create significant problems for shipping, insurance or payment arrangements.<span class=\"id-r-component br\" data-pos=\"106\"\/>But once supply bottlenecks from the Middle East ease, it would be easier for India to reduce its dependence on Russian crude oil.<span class=\"id-r-component br\" data-pos=\"108\"\/>Until then, experts say, tariffs or no tariffs, Russian oil is unlikely to disappear from India\u2019s crude mix soon.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/100-trump-tariffs-loom-russia-sanctions-bill-passed-in-us-will-it-make-india-stop-buying-crude-from-moscow\/articleshow\/134300254.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude. Tariffs, tariffs, and more tariffs &#8211; the Donald Trump administration\u2019s favourite economic weapon is back in focus again with the US passing a new bill that allows its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-25187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"This new legislation gives the US President powers to impose up to 100% tariffs on countries like China and India which are major buyers of Russian crude. Tariffs, tariffs, and more tariffs &#8211; the Donald Trump administration\u2019s favourite economic weapon is back in focus again with the US passing a new bill that allows its [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":8,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/trump-tariff-threat.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/25187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25187"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/25187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/25188"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}