The 100% Warning: How Trump's Sanctions Law Could Reshape India's Oil Playbook

US President Donald Trump has signed the Lindsey O. Graham Russia and Iran Sanctions Act 2026, empowering Washington to impose tariffs of up to 100% on nations buying Russian oil and gas. India, a top buyer of Russian crude, could be hit. The House passed the bill 262–159, raising fresh uncertainty over India–US trade ties after February's hard-won tariff relief.