India warned a U.S. bill to sanction buyers of Russian oil could damage
India-U.S. relations and disrupt global energy markets after the measure passed
the House. The bill, already approved by the Senate, grants President Trump
authority to impose tariffs on countries purchasing Russian petroleum products
and has been sent to him for signature; a White House official said Trump plans
to sign in coming days. The new authority could expose the five largest buyers
of Russian oil to broad tariffs, including India and U.S. ally Turkey. India’s
foreign ministry said it has discussed the issue at senior levels with U.S.
counterparts and warned of potential bilateral and market impacts. India is
currently the largest buyer of seaborne Russian crude; its refiners are seeking
to diversify supplies from the U.S., Brazil, Canada, Venezuela and Africa.
