India faces fresh US tariff threat over Russian oil: What happens next? GTRI explains

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India is facing a fresh trade risk after a new US law opened the door to tariffs of up to 100% on imports from major buyers of Russian crude oil and natural gas. The Global Trade Research Initiative (GTRI) said the move could put pressure on India’s energy policy and ongoing trade negotiations with Washington. Advertisement US President Donald Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 into law on September 18, according to GTRI. The US Senate passed the legislation on August 7, followed by the House of Representatives on September 16. According to…

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