US Senate revises Russia sanctions bill, slashes tariffs on India and China to 100%
US senators have introduced a revised version of a Russia sanctions bill aimed at pressuring Moscow and countries that buy its energy. The updated legislation reduces the proposed tariffs on major Russian oil and gas importers, including India and China, from 500% to 100%. The bill also takes aim at Russia's shadow fleet and financial institutions linked to its war efforts. The revisions are intended to build broader political support for the measure. The legislation is also seen as part of Senator Lindsey Graham's legislative legacy.
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