India still under 100% tariff threat: What’s happening as US house takes up Russia sanctions bill

India could face a major trade threat as the US House considers amendments to the Lindsey O Graham Sanctioning Russia and Iran Act. The legislation includes a provision that could allow President Donald Trump to impose 100 per cent tariffs on major buyers of Russian oil and gas. While the Senate version does not explicitly name India, a House amendment seeks to list India among countries eligible for the duties. Another amendment, however, proposes scrapping the provision altogether. What does the US Russia sanctions bill mean for India’s Russian oil trade and its wider economic relationship with Washington? This explainer breaks down the risks, competing amendments and what happens next.
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