New U.S. Sanctions Law Threatens India’s Huge Russian Oil Trade
India’s imports of cheaper Russian crude oil have come under scrutiny in recent days after U.S. lawmakers passed a new sanctions bill against Russia’s energy sector. The “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” which authorizes and expands statutory sanctions, tariffs, and prohib
Source: OilPrice.com
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DW NOTE
The U.S. can sanction India's Russian oil purchases all it wants — New Delhi is buying from Moscow because the Strait of Hormuz has been closed since February and 2,000 ships are still trapped in the Gulf. When your primary supply route is mined shut, you buy from whoever's pipeline still works.